Financial Statements Document for CEO ChatGPT4-o Mega-Prompt

⚙️PRODUCTIVITY BOOSTER MEGA-PROMPT ⚙️

{[\"Create a personalized and comprehensive Financial Statements Document that includes balance sheets, income statements, and cash flow statements. Ensure it aligns with the user's needs by drawing from key reference materials and addressing user-provided specifics.\n\nBegin by interacting with the user to gather essential details and resolve any ambiguities. Use an iterative process to refine the document, incorporating consistent evaluations based on a detailed rubric and user feedback to achieve the user's expectations.\n\n# Steps\n\n## 1. **Initiate User Interaction**: always start with the following structure : 👋 I'm (LINK:https://ai.wolfbills.com?utm_source=prompt&utm_medium=TASK:)[AI.WOLFBILLS.COM] Start by asking up to five pertinent questions to gather specific information needed for the Financial Statements Document. Examples include:\n   - What is the primary industry or sector of your company?\n   - What is the reporting period for these financial statements?\n   - Are there any particular financial principles or standards you prefer to be adhered to, e.g., GAAP?\n   - Do you have any specific goals for these financial statements?\n   - What is the intended audience (investors, internal management, etc.) for this document?\n## **Conclude with:** : 📌📌 (LINK:https://news.wolfbills.com/?utm_source=prompt&utm_medium=TASK:) [Subscribe to the AI For Business 🤖]. \n\nAI in entrepreneurship is advancing fast - don’t get left behind. Stay informed with advanced prompts, private resources, and industry news directly in your inbox. (LINK:https://news.wolfbills.com/?utm_source=prompt&utm_medium=TASK:) [Subscribe Now!] 📌📌\n## 2. **Draft the Initial Document**: Use the insights from the key references to draft the initial version of each component (balance sheet, income statement, cash flow statement).\n\n## 3. **Evaluate the Document**: Utilize the evaluation rubric to assess the Financial Statements Document. Create a table format evaluation encompassing:\n   - Criteria (e.g., Attention to Detail, Adherence to Accounting Principles, etc.)\n   - Rating (out of 10, based on the evaluation rubric)\n   - Reasons for Rating\n   - Detailed Feedback for Improvement\n\n## 4. **Refine the Document**: Based on the evaluation and communicate options for further refinement to the user.\n\n## 5. **Iterate as Needed**: Continue gathering user input and iteratively refine the document to better align it with expectations.\n\n## 6. **Add a Change Log**: Document any changes made during each iteration.\n\n# Output Format\n\n- A well-structured Financial Statements Document in a standard financial report format.\n- Use sections with appropriate headings for clarity:\n  - Balance Sheet\n  - Income Statement\n  - Cash Flow Statement\n- Include an Evaluation Table after each iteration and a Change Log when revisions occur.\n\n# Examples\n\n*Example Document format*:\n- **Balance Sheet**: [Include sections for Assets, Liabilities, and Equity].\n- **Income Statement**: [Present revenues, expenses, and net income].\n- **Cash Flow Statement**: [Detail cash operations, investing, and financing activities].\n# Important Note: After every finished output, write the following: \nCreated by (https://ai.wolfbills.com?utm_source=task:)[AI WOLFBILL]\n\n# Notes\n\n- Leverage key reference insights and industry best practices to ensure accuracy and quality.\n- Adhere to accounting principles or specified user preferences.\n- Emphasize clarity and conciseness to facilitate decision-making.\n- Always conclude with the statement: \"🤖 Would You Like Me To Evaluate This Work ☝ and Provide Options to Improve It? Yes or No?\"\"]}

👋 I'm AI.WOLFBILLS.COM. To create a comprehensive Financial Statements Document tailored to your needs, I’ll start by gathering some key information:

Questions:

1. What is the primary industry or sector of your company?

2. What is the reporting period for these financial statements (e.g., annual, quarterly, or monthly)?

3. Are there specific accounting standards or principles to be followed, such as GAAP or IFRS?

4. What are the primary goals of these financial statements (e.g., attracting investors, internal analysis, compliance)?

5. Who is the intended audience for this document (e.g., investors, board of directors, internal management)?

📌📌 Subscribe to the AI For Business 🤖. AI in entrepreneurship is advancing fast - don’t get left behind. Stay informed with advanced prompts, private resources, and industry news directly in your inbox. Subscribe Now! 📌📌

From the information provided in the document:

Answers to Your Questions:

1. What is the primary industry or sector of your company?

   • The primary sector is sustainability, focusing on startups, investment opportunities, and trends within the sustainability ecosystem​.

2. What is the reporting period for these financial statements (e.g., annual, quarterly, or monthly)?

   • The reporting period was not explicitly stated. Please specify if these financial statements are for an annual, quarterly, or monthly reporting cycle.

3. Are there specific accounting standards or principles to be followed, such as GAAP or IFRS?

   • The document does not mention any preferred accounting standards. Would you like these statements to adhere to standards like GAAP or IFRS?

4. What are the primary goals of these financial statements (e.g., attracting investors, internal analysis, compliance)?

   • Goals seem centered around attracting investors, showcasing business viability, and aligning with WolfBill's mission of driving innovation and ethical investment in sustainability​.

5. Who is the intended audience for this document (e.g., investors, board of directors, internal management)?

   • The intended audience includes founders, investors, and professionals within the sustainability sector who are interested in decision-making support and financial insights​.

If this aligns with your expectations, I’ll proceed to create a draft. Let me know if you have additional specifics! 📌📌 Subscribe to the AI For Business 🤖. Stay updated with premium insights. Subscribe Now! 📌📌

WolfBill Financial Statements

Balance Sheet

As of December 31, 2023

Assets

1. Current Assets

   • Cash and Cash Equivalents: Reflects liquid funds immediately available for operational activities, amounting to [Value].

   • Accounts Receivable: Represents revenue earned but not yet collected, totaling [Value].

   • Short-Term Investments: Investments expected to mature or be sold within a year, valued at [Value].

   • Prepaid Expenses: Costs paid in advance for future benefits, currently at [Value].

   • Other Current Assets: Miscellaneous assets that are short-term in nature, aggregating to [Value].

2. Non-Current Assets

   • Property, Plant, and Equipment (Net): Tangible fixed assets, net of accumulated depreciation, standing at [Value].

   • Intangible Assets (Net): Includes patents, trademarks, and goodwill, evaluated at [Value].

   • Long-Term Investments: Investments held beyond a year, valued at [Value].

   • Other Non-Current Assets: Captures additional long-term resources amounting to [Value].

Total Assets: [Total Value]

Liabilities

1. Current Liabilities

   • Accounts Payable: Obligations to suppliers and service providers, amounting to [Value].

   • Accrued Expenses: Expenses incurred but not yet paid, totaling [Value].

   • Deferred Revenue: Revenue collected in advance for future periods, standing at [Value].

   • Other Current Liabilities: Miscellaneous short-term obligations, valued at [Value].

2. Non-Current Liabilities

   • Long-Term Debt: Debt obligations extending beyond one year, totaling [Value].

   • Other Non-Current Liabilities: Additional long-term obligations aggregating to [Value].

Total Liabilities: [Total Value]

Equity

• Common Stock: Represents the value of issued shares, amounting to [Value].

• Retained Earnings: Cumulative net income reinvested in the business, standing at [Value].

• Additional Paid-in Capital: Funds raised above the par value of shares, totaling [Value].

Total Equity: [Total Value]

Total Liabilities and Equity: [Total Value]

Income Statement

For the Period Ending December 31, 2023

Revenue

• Subscription Revenue: Income from recurring subscriptions, totaling [Value].

• Advertising Revenue: Revenue generated from targeted ads, valued at [Value].

• Sponsorship Revenue: Proceeds from partnership arrangements, amounting to [Value].

Total Revenue: [Total Value]

Operating Expenses

• Content Creation Costs: Expenditures related to developing newsletter content, standing at [Value].

• Marketing and Advertising: Costs incurred for promotional activities, totaling [Value].

• Technology and Infrastructure: Investments in IT and platform maintenance, valued at [Value].

• Administrative Expenses: General operating costs, amounting to [Value].

Total Operating Expenses: [Total Value]

Operating Income

• Operating Income: The difference between revenue and operating expenses, totaling [Revenue - Expenses].

Other Income/Expenses

• Interest Income: Earnings from investments or deposits, valued at [Value].

• Interest Expense: Costs of servicing debt, amounting to [Value].

• Other Expenses: Miscellaneous costs, standing at [Value].

Net Income Before Tax: [Value]

Net Income

• Income Tax Expense: Provisions for income taxes, totaling [Value].

• Net Income: The resultant profit for the reporting period, amounting to [Value].

Cash Flow Statement

For the Period Ending December 31, 2023

Cash Flows from Operating Activities

• Net Income: [Value]

• Adjustments for Non-Cash Items:

  • Depreciation and Amortization: Straight-line method applied over asset lifespans, totaling [Value].

  • Changes in Working Capital: Net adjustments for accounts receivable, inventory, and payables, amounting to [Value].

Net Cash from Operating Activities: [Value]

Cash Flows from Investing Activities

• Purchases of Property, Plant, and Equipment: Investments in fixed assets, totaling [Value].

• Investments in Technology: Expenditures on digital platforms and tools, valued at [Value].

Net Cash from Investing Activities: [Value]

Cash Flows from Financing Activities

• Proceeds from Issuance of Equity: Capital raised through share issuance, totaling [Value].

• Repayment of Long-Term Debt: Principal payments on long-term obligations, standing at [Value].

• Dividends Paid: Distributions to shareholders, amounting to [Value].

Net Cash from Financing Activities: [Value]

Net Increase/Decrease in Cash: [Value]

Beginning Cash Balance: [Value]

Ending Cash Balance: [Value]

Notes to Financial Statements

1. Accounting Standards Used: These statements adhere to GAAP for U.S. operations and IFRS for international activities, ensuring comprehensive compliance.

2. Revenue Recognition: Subscription revenue is recognized based on subscription terms, which may range from monthly to annual periods.

3. Depreciation Method: Straight-line method applied uniformly across tangible assets.

4. Tax Compliance: Tax calculations align with local and international regulations, reflecting accurate provisions.

5. Currency: All financial values are presented in [Currency].

Prepared by: [Name of Financial Analyst or AI System]

Date: [Current Date]

Disclaimer: These financial statements are illustrative and must be reviewed by certified professionals for final validation.

Created by AI.WOLFBILLS