# Close Cycle Advisor Skill

Multi-jurisdiction reference framework for month-end, quarter-end, and year-end financial close workflows across 8 major jurisdictions.

## Coverage

- Filing deadlines: SEC (10-K/10-Q), EU Transparency Directive, FCA DTR, Japan FSA/EDINET (quarterly reports abolished April 2024), China CSRC, India SEBI LODR, Australia ASX, HKEX
- R2R process: flash/soft/hard/fast close types; 8-phase record-to-report workflow; continuous accounting
- GAAP variant comparison: lease accounting (ASC 842, IFRS 16, FRS 102, HGB, JGAAP, CAS, Ind AS 116), revenue recognition (ASC 606, IFRS 15), financial instruments (CECL vs ECL), provisions (ASC 450 vs IAS 37)
- Intercompany elimination: ASC 810 / IFRS 10 — unrealized profit, timing mismatches, deferred tax on IC eliminations
- FX translation errors: temporal vs. current rate method; CTA recycling on disposal; ASC 830 vs. IAS 21
- Deferred tax: ASC 740 ("enacted") vs. IAS 12 ("substantively enacted"); Pillar Two IAS 12.4A exception; valuation allowance triggers
- Common close errors: by category with standard cited and detection method

## Companion Agent

`accounting-close-cycle-advisor-agent`

## Standards Cited

ASC 270, ASC 280, ASC 740, ASC 810, ASC 830, ASC 842, ASC 606, IAS 12, IAS 21, IAS 34, IAS 37, IFRS 10, IFRS 15, IFRS 16, UK FRS 102, German HGB, JGAAP ASBJ, Ind AS, CAS, EU Transparency Directive 2004/109/EC, FCA DTR, SEC Exchange Act Rules 13a-1/13a-13, SEBI LODR Reg. 33, ASX Listing Rules Ch. 4, HKEX MB Rules 13.46–13.49