{"id":"acct-audit-adjustments-controller-summary","audience":"accounting","category":"finance-work","track":"finance","technique":"audience","level":"advanced","title":"Brief the controller on audit adjustments versus materiality","free":false,"task":"You're briefing the controller on the auditors' proposed adjustments. Write a prompt for plain text with lines starting \"Income effect (all):\", \"Above trivial:\", \"Versus materiality:\", \"Balance sheet only:\", \"Disputed:\" and \"For the controller:\". Show the math. Do not say whether to book or pass any item; that decision is the controller's. Under 130 words.","materialLabel":"Source material (attached to your prompt automatically)","material":"PROPOSED AUDIT ADJUSTMENTS - FY2026 (decreases are reductions to pre-tax income)\n\nOverall materiality set by the auditors: $100,000\nClearly trivial threshold: $5,000 (items below it are not tracked)\n\n1. Unrecorded liability, legal fees: -$45,000 income\n2. Revenue cutoff, Orchard Co shipment recorded Oct 30: -$30,000 income\n3. Prepaid reclass from other assets to prepaid expenses: $60,000, balance sheet only, no income effect\n4. Accrued vacation understated: -$4,000 income\n\nManagement comments:\n- Item 2: management disagrees. The customer signed acceptance on Oct 28, which management believes supports the October date; the auditors cite a Nov 3 delivery receipt.\n- Items 1, 3 and 4: management agrees with the amounts.\n\nThe controller meets the audit partner on Nov 16. The auditors have not yet said whether they would accept passing any item.","rules":[{"type":"plainText"},{"type":"maxWords","max":130}],"promptHints":[{"label":"Names the six lines","patterns":["income effect","above trivial","versus materiality","disputed","for the controller"]},{"label":"Keeps the reclass separate","patterns":["balance sheet only","no income effect"]},{"label":"Bans a book-or-pass call","patterns":["do not say","book or pass","decision"]},{"label":"Asks for the math","patterns":["show","math","/ \\$?100"]},{"label":"Caps length","patterns":["\\d+\\s*words","under \\d+"]}],"mistakes":[{"title":"Counting the reclass as income","why":"The AI adds the $60,000 to the income effect.","fix":"Say: \"Item 3 is balance sheet only, so keep it out of income effect.\"","checks":["r1"]},{"title":"Recommending book or pass","why":"The AI advises on what to post.","fix":"Add: \"Do not say whether to book or pass any item.\"","checks":["r2"]},{"title":"Hiding the dispute","why":"The AI treats item 2 as agreed.","fix":"Add: \"Disputed: name the item and both dates.\"","checks":["r1"]},{"title":"Ignoring the trivial line","why":"The AI includes item 4 in the above-trivial total.","fix":"Add: \"Above trivial excludes items under $5,000.\"","checks":["r0"]},{"title":"Markdown extras","why":"The AI adds bold labels, headings and a closing note.","fix":"Say: \"Plain text, no bold. Output only the lines asked for.\"","checks":["plainText"]},{"title":"Trusting the AI to count words","why":"AI is bad at counting and runs past word limits.","fix":"Ask for fewer words than the real cap and keep each part short.","checks":["maxWords"]}],"hint":"Materiality work is arithmetic plus restraint. Ask for each total and keep the decision with the controller.","rubricLabels":["Income effect (all) shows 45,000 + 30,000 + 4,000 = -$79,000 and Above trivial shows 45,000 + 30,000 = -$75,000 (item 4 is below $5,000)","Versus materiality shows $79,000 / $100,000 = 79% (or $75,000 = 75%), Balance sheet only names item 3 at $60,000, and Disputed names item 2 with the acceptance versus delivery date conflict","The \"For the controller:\" line asks for decisions or confirmations (such as the item 2 evidence) without recommending to book or pass any item"]}