ifrCoworker

ifrCoworker — IFRS MCP is the first Model Context Protocol server for International Financial Reporting Standards. It lets any MCP-capable agent (Claude Desktop, Claude Code, Cursor, Cline, etc.) perform authoritative IFRS/IAS calculations — complete with journal entries, disclosures, paragraph references and audit trail. 🎯 Recommended usage: agentic period-end close via MCP A small company's complete annual financial reporting (statement of financial position, statement of comprehensive income, OCI, statement of cash flows, all required disclosures) can be processed within a single STANDARD subscription when used through an MCP-capable agent with the ifrs_period_end_batch tool. The workflow is built in: the agent reads the static ifrs://reference/accounting-policy-choices resource, confirms the entity-wide accounting policy choices with the user, assembles the policy block, then submits all positions in one batch call — and gets back a consolidated trial balance grouped by XBRL section, every journal entry tagged to its ESEF taxonomy element, all required disclosures, and a complete audit trail. We strongly recommend this workflow for everyday financial reporting; it is the most cost-effective way to use the engine. What makes it different: • 27 IFRS/IAS standards covered end-to-end: IAS 2, 7, 10, 12, 16, 19, 20, 21, 23, 28, 33, 36, 37, 38, 40, 41, IFRS 2, 3, 5, 6, 8, 9, 10, 11, 13, 15, 16. Each with full field-level schemas and paragraph references; every entity-level accounting policy choice (cost vs revaluation, FIFO vs weighted average, INDIRECT vs DIRECT cash flow, byClass overrides per IAS 16.36 / IAS 2.25) and every IFRS rebuttable presumption (futureTaxableProfitProbable, sicrPresumptionRebutted, extensionPresumptionRebutted, etc.) is required upfront — no silent defaults, no hidden judgement. • Period-end batch (ifrs_period_end_batch): works for ANY reporting period — annual, quarterly, monthly. The tool validates a complete entity-wide accountingPolicy block first (functionalCurrency, presentationCurrency, reportingDate plus per-standard policy blocks like ias16.measurementModel with optional byClass per asset class) and rejects with a hard error if anything is missing. Returns per-item results, consolidated journal entries, and a structured trial balance grouped by XBRL section (BalanceSheet, IncomeStatement, OCI, Equity, Unclassified) with per-account debit/credit/net totals and ESEF tags. • Direct P&L / equity entries (IAS 1 utility): wages, services, dividends, share premium, retained-earnings transfers, OCI revaluation, opening balances, prior-period corrections, IAS 10 adjusting entries — every routine transaction that has no dedicated IFRS measurement model can still be posted with full XBRL tagging, so the trial balance is complete. • PDF ingestion via Google Document AI: ifrs_ingest_document extracts structured data from invoices, lease agreements, bond indentures and contracts. ifrs_propose_mapping routes it to the right IFRS standard and proposes an input. The user reviews, then ifrs_calculate posts the journal entry. The full docu-scan → bookkeeping pipeline in one MCP server. • Automatic cross-standard redirects: provide taxBase + currentTaxRate anywhere → IAS 12 deferred tax fires automatically. Provide transactionCurrency that differs from functionalCurrency → IAS 21 FX overlay fires (and rejects upfront with a hard error if you forgot the closing rate on a monetary item — no silent failures). Provide subsequentEventDate → IAS 10 overlay applies. Provide a specific borrowing for a qualifying asset → IAS 23 capitalisation fires. No manual chaining. • Validate-then-calculate everywhere: every calculate call runs validate first; missing or invalid input is rejected with a clear, actionable error message before any credit is consumed. • Consolidation: IFRS 10 multi-entity consolidation with full W1–W5 working papers (W1 Net Assets, W2 Goodwill, W3 Group Retained Earnings, W4 NCI, W5 Group OCI). Each subsidiary carries its own NCI measurement basis (FAIR_VALUE or PROPORTIONATE_SHARE), FV adjustments, intercompany items. • Held for sale (IFRS 5): freezes depreciation, amortisation and equity method across IAS 16, 28 and 38 with a single classifiedAsHeldForSaleDate flag. All 7 IFRS 5 recognition criteria validated. • Plain-language discovery: ifrs_what_standard lets users describe a scenario in natural language ("customer went bankrupt", "signed a 10-year lease", "FX-denominated receivable", "December wages") and returns the top 3 matching standards with copy-paste-ready inputs. • Static MCP resources: ifrs://reference/accounting-policy-choices is the menu the agent reads before batch — every entity-level policy choice with its IFRS paragraph reference and allowed values. ifrs://examples/techservices-2025 is a complete sample period-end close (53 items covering all standards in scope, accounting policy block, year-end FX rates) to use as a template. • Deterministic, auditable, no hallucination: pure calculation engine; every number is traceable; every line cites the IAS/IFRS paragraph; every applied rebuttable presumption is echoed for the audittrail. Licensing • STANDARD — daily financial reporting workload. Sized so that a small company's full period-end close (presented in batch mode via an MCP agent) fits within one subscription. Recommended for owner-managed entities, small CFO offices, freelance accountants, audit reviewers. Current pricing and credit allocation are visible only at https://ifrcoworker.com (also via GET /api/ifrs/access/status). Get a free trial at POST /api/ifrs/access/purchase. • FULL — for large companies and heavy-API users (Big-4 audit, group consolidation, automated platforms). Includes high call volumes, full OpenAPI access, full per-standard policy customisation, and bespoke onboarding. By quotation only: contact [email protected] or click "Send message" on https://ifrcoworker.com. Who is it for? • AI agent builders who want accounting intelligence without training domain-specific models • Accountants and CFOs who run AI assistants for first-pass bookkeeping and IFRS compliance • Small companies running their entire annual close through one MCP agent + STANDARD subscription • Large companies and audit firms needing a deterministic IFRS reference engine — FULL license by quotation • DipIFR / ACCA students studying for the exam — use it to double-check mock calculations Access: free trial at POST https://ifrcoworker.com/api/ifrs/access/purchase. Paid tiers via Revolut. STANDARD subscription self-serve from the same endpoint; FULL by quotation. built by SPOCONT