What problem does it solve? Reported accounting statements bury lease obligations, R&D investment, and one-time items in ways that distort every downstream valuation input. This Skill converts raw financial statements into a single restated basis — adjusted EBIT, invested capital, reinvestment, and cash flows — that cost-of-capital, forecast, and valuation stages can consume without recomputation. ## Core Features & Use Cases - Statement Repair Pipeline: Runs a 16-step process covering reconciliation ties, trailing-twelve-month updates, lease capitalization, R&D capitalization, one-time item screening, and earnings normalization via tested Python engines. - Circularity Resolution: Iterates the lease-discount-rate and synthetic-rating loop to a fixed point, recording the final pre-tax cost of debt, coverage ratio, and rating table used. - Auditable Outputs: Writes a strict cleaned-financials.json contract plus a human-readable adjustments.md where every correction carries both its earnings leg and its capital leg. - Use Case: As stage S3 of a valuation pipeline, feed it raw-financials.json and classification.json for a mid-cap manufacturer; it returns restated TTM financials with capitalized leases, a 5-year R&D asset, normalized EBIT, and a resolved synthetic rating. ## Quick Start Ask the valuation orchestrator to run the financial-statement-analyst stage on the collected raw financials and classification files to produce restated valuation-ready statements.
