US GAAP Buddy

AI assistant for US GAAP and ASC queries with cited answers

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About US GAAP Buddy

US GAAP Buddy is an AI-powered assistant designed to answer questions about US Generally Accepted Accounting Principles (GAAP) and the Accounting Standards Codification (ASC). It allows users to ask accounting questions in plain language and receives instant, source-grounded responses drawn directly from the full US GAAP and ASC library. The tool covers 45+ ASC topics and supports multiple languages including English, Italian, German, French, and Spanish. Answers are streamed in seconds and include exact ASC topic and subtopic citations to ensure accuracy. The platform is independent and not affiliated with FASB, AICPA, or other standards-setting bodies. It is intended for accounting professionals, analysts, and teams requiring quick, reliable access to US GAAP guidance without manual searches or PDF navigation.

Key features

Plain language query input
Real-time retrieval from ASC library
Cited answers with ASC topic references
Multilingual support
PDF export of responses
Step-by-step exercise walkthroughs
Journal entry generation
Excel analysis with US GAAP corrections

Use cases

Resolving accounting questions during financial reporting
Preparing for CPA or CMA exams with step-by-step explanations
Drafting audit-ready disclosures and footnotes

Pros

Answers cite exact ASC paragraphs for verifiable accuracy
Supports multiple languages for international users
Streamed responses delivered in seconds
No login required to start using the free tier
Covers 45+ ASC topics across the full FASB Accounting Standards Codification

Cons

Free tier limited to 50 queries per month
Paid plans required for advanced features like Excel analysis
No API access mentioned
Requires internet connection for real-time queries

Frequently asked questions about US GAAP Buddy

What is US GAAP Buddy?

US GAAP Buddy is an AI-powered assistant that provides instant, source-grounded answers to questions about US Generally Accepted Accounting Principles (GAAP) and the Accounting Standards Codification (ASC). It retrieves responses directly from the full US GAAP and ASC library.

Who should use US GAAP Buddy?

The tool is designed for accounting professionals, analysts, and teams who need quick, reliable access to US GAAP guidance without manual searches or navigating PDFs.

How does US GAAP Buddy ensure accuracy in its answers?

Every answer includes exact ASC topic and subtopic citations drawn directly from the official US GAAP and ASC library, ensuring source-grounded accuracy and eliminating hallucinations.

Does US GAAP Buddy support multiple languages?

Yes, users can ask questions in English, Italian, German, French, Spanish, and more. Answers are provided in the same language as the query.

Is US GAAP Buddy affiliated with FASB or other standards-setting bodies?

No, US GAAP Buddy is an independent AI assistant and is not affiliated with, endorsed by, or licensed by FASB, AICPA, IMA, SEC, or any other standards-setting body.

How do I get started with US GAAP Buddy?

Users can start for free with 10 queries without creating an account. Additional usage requires selecting a paid plan, which can be explored on the pricing page.