Preheat the oven to 375°F. Line a baking sheet with parchment paper or a silicone baking mat and set aside.
In a medium bowl, whisk together 1 cup all-purpose flour, 1/2 teaspoon baking powder, 1/2 teaspoon baking soda, and 1/4 teaspoon salt. Set the dry mixture aside.
In the bowl of a stand mixer (or a large bowl with a hand mixer), combine 1/2 cup unsalted butter (room temperature), 1/2 cup granulated sugar, and 1/2 cup light brown sugar. Beat on medium speed until smooth and creamy, about 2 minutes.
Reduce mixer speed to low and add 1 large egg and 1 teaspoon vanilla extract. Beat just until combined, scraping the bowl once if needed.
With the mixer on low, slowly add the dry flour mixture and mix just until incorporated. Do not overmix.
Using a spatula, fold in 1 cup old fashioned oats, 1 1/4 cups Rice Krispies cereal, 1 cup chocolate chips, and 1 cup chopped Butterfinger candy bars. Stir gently to combine, taking care not to crush the cereal.
Scoop the dough into balls about 1 tablespoon each and place them on the prepared baking sheet, leaving about 2 inches between each cookie.
Bake for 10–12 minutes, or until the cookie edges are slightly brown and the centers are still soft.
Allow the cookies to cool on the baking sheet for 2–3 minutes, then transfer them to a cooling rack to cool completely.