AI for defensible accounting memorandums
Praxi is the leading AI-powered platform for technical accounting under U.S. GAAP and IFRS.
It unifies authoritative guidance, intelligent automation, and audit-grade documentation into a single secure system that allows finance and accounting teams to research, analyze, document, and manage complex accounting issues at scale — from initial assessment through final, review-ready memorandums.
We partnered with Praxi because it fundamentally changes the economics of high-quality technical accounting work. By combining Praxi's AI capabilities with senior-level professional judgment, we can deliver audit-ready memorandums with the speed of automation and the reliability of experienced review without compromising on quality or increasing costs. This partnership allows our clients to access world-class technical accounting support in ways that weren't previously possible.
Automatically generates standardized, defensible memo formats that meet the expectations of external auditors, regulators, and internal review teams.
Embedded accounting literature and interpretive guidance ensures conclusions are grounded in current U.S. GAAP and IFRS.
Turns research, transaction data, and contracts into structured, professionally written accounting memos in minutes instead of weeks.
Centralized library for all technical accounting positions, organized by entity, transaction, contract, and accounting topic.
Role-based access, version control, and approval workflows support internal teams, external auditors, and advisors without losing control of the record.
Enables iterative drafting, commenting, and approvals across finance, accounting, tax, legal, and audit teams in a single governed environment.
Intuitive for first-year staff while powerful enough for controllers, technical accounting leads, and partners.
Analyze and document multiple transactions, contracts, and accounting topics at the same time without breaking consistency or audit trails.
Every change, assumption, and conclusion is tracked, reviewable, and defensible.
Two flexible pathways to leverage Praxi's capabilities:
For organizations that want to build internal technical accounting capabilities, GAAP and IFRS Insights can facilitate direct licensing of Praxi for your team's use. This pathway is ideal for companies with existing accounting expertise who want to enhance their team's efficiency and documentation quality.
For organizations that prefer to outsource technical accounting work, GAAP and IFRS Insights uses Praxi to deliver memorandums and analysis on your behalf. This pathway combines Praxi's AI capabilities with senior CPA review, providing you with audit-ready documentation without requiring internal platform management or training.
Whether you're interested in licensing Praxi directly or engaging GAAP and IFRS Insights for professional services, we can help you determine the best approach for your organization.