DisclosureIQ — ASU 2023-09 Tax Disclosure Automation

Automate rate reconciliation with the 8 categories, 5% threshold calculations, jurisdictional disclosure, and income taxes paid disaggregation.

What Is DisclosureIQ?

DisclosureIQ is Clarity Tax's AI-powered disclosure automation platform designed specifically for ASC 740 income tax footnote compliance. It automates the generation of SEC-ready tax disclosures including rate reconciliations, effective tax rate analysis, and qualitative language for 10-K and 10-Q filings.

ASU 2023-09 Compliance

How do I prepare for ASU 2023-09 compliance? DisclosureIQ automates the new disaggregated rate reconciliation requirements across 8 prescribed categories, 5% materiality threshold testing, jurisdictional cash tax paid breakdowns, and expanded qualitative disclosures.

3-Week Implementation

Go live in 3 weeks. Connect to your existing provision software (ONESOURCE, Corptax), map data to ASU 2023-09 categories, and start generating compliant disclosures. Zero migration required.

Integration

DisclosureIQ integrates seamlessly with Thomson Reuters ONESOURCE Tax Provision and Corptax. The platform connects directly to your existing data — no need to change your current provision process.

Output Formats

10-K ready narrative disclosures with SEC-compliant language, Excel workpapers with full drill-down for audit support, and XBRL-tagged data for electronic filing.