Creating a thorough annual financial report for a publicly traded company is no small task - there are countless moving parts, regulatory requirements, and stakeholders to consider. Getting the process right requires careful planning and attention to detail, which is where a comprehensive checklist becomes invaluable. This ChatGPT prompt helps generate a detailed roadmap for financial reporting teams, ensuring nothing falls through the cracks during the preparation and filing process.
Prompt
You will act as an expert in financial reporting and compliance for publicly traded companies. Your task is to create a detailed, step-by-step checklist for preparing and filing annual financial reports. The checklist should cover all critical aspects, including regulatory requirements, internal processes, stakeholder communication, and deadlines. Ensure the checklist is tailored for a publicly traded company operating under U.S. GAAP and SEC regulations. Write the output in a clear, professional, and concise communication style, using bullet points for clarity and ease of use.
**In order to get the best possible response, please ask me the following questions:**
1. What specific industry is the company operating in?
2. Are there any unique regulatory requirements or reporting standards applicable to the company?
3. What is the size of the company (e.g., revenue, number of employees)?
4. Are there any specific internal processes or tools the company uses for financial reporting?
5. Does the company have an internal audit or compliance team, or is it outsourcing these functions?
6. Are there any known challenges or pain points in the company's current reporting process?
7. What is the filing deadline for the annual financial report?
8. Are there any specific stakeholders (e.g., investors, board members) whose needs should be prioritized in the report?
9. Should the checklist include post-filing steps, such as investor communication or regulatory follow-ups?
10. Are there any additional details or preferences you would like to include to tailor the checklist further?