Gaapio Logo - AI-Powered Technical Accounting Platform

SEC Reporting and Disclosure Management Software

Gaapio completes the disclosure checklist, benchmarks each disclosure against how comparable filers present it, and drafts the footnote — with every conclusion cited to the Codification. Built for the review a 10-K actually receives.

Most disclosure tools store the checklist. Storing it was never the problem. The problem is working through several hundred items, deciding which apply, finding out how peers handled the ones that do, and drafting language that survives review — every quarter, by hand.

The checklist is the job

Ask a reporting team what consumes the most time in a filing cycle and the answer is rarely the numbers. It is the disclosure work: reconciling the checklist against what actually changed, researching how comparable companies present a new requirement, and drafting footnote language that says what you mean without saying more than you intend.

It is also the work that scales worst. The checklist does not get shorter, and every new standard adds to it — especially during a first-year adoption.

Applicability, item by item

Most checklist items do not apply. Establishing that they do not — and being able to show you considered them — is most of the effort.

Nobody wants to be first

On a new requirement, the useful question is how comparable filers presented it. Answering that by hand means EDGAR full-text search and a lot of reading.

First-year adoptions

New standards arrive with transition disclosures that have no prior-year template to copy. That is where first-year filings attract disproportionate scrutiny.

How Gaapio works a filing cycle

  1. 1

    Work the checklist with support. Each item assessed for applicability with the reasoning and the Codification reference attached — so the conclusion and its basis live together.

  2. 2

    Benchmark against real filings. See how comparable registrants presented the same disclosure, drawn from filed documents rather than from a template.

  3. 3

    Draft the footnote. Language that reflects your facts, cited, and structured for how a reviewer reads it.

  4. 4

    Handle new standard adoptions deliberately. Transition disclosures documented as first-year work, which is where the scrutiny concentrates.

  5. 5

    Research comment letters. What the staff has questioned on a given topic, so you can consider it before filing rather than after.

Where Gaapio sits alongside your filing tools

If you use a document assembly or XBRL tagging platform, keep it. Those systems handle production and submission, and they do it well.

Gaapio handles what happens before the document gets assembled: whether the disclosure is required, what it should say, how peers said it, and why your version is defensible. Teams tend to arrive here after finding that their filing platform produces an immaculate document from whatever content they put into it.

Cited, not asserted

Every applicability conclusion carries a citation to the Codification or the applicable SEC rule, and the citation is checkable.

Grounded in filed documents

Peer comparisons drawn from actual filings, so the benchmark is what companies did rather than what a guide suggests.

Quarter over quarter consistency

The same framework each cycle, with the prior period's reasoning still visible.

Built by CPAs

Including former Big Four. And a completed SOC 2 Type 2 examination with zero data retention — relevant when the content is pre-release financial information. See our security page.

Frequently asked questions

Software that helps companies determine which financial statement disclosures are required, draft them, and document the basis for each conclusion. Some tools focus on document assembly and XBRL tagging; Gaapio focuses on the applicability analysis, peer benchmarking and drafting that happens before assembly.

See your next disclosure, benchmarked

Bring a disclosure you are unsure about — a new standard, or one you have never liked. We'll show you the peer comparison and the citation trail.

Request a DemoTalk to a CPA

Related

References: FASB Accounting Standards Codification; SEC Regulation S-K and Regulation S-X. This page is general information, not accounting advice for a specific entity.