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Related papers: Numerical Reasoning for Financial Reports

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For a financial analyst, the question and answer (Q\&A) segment of the company financial report is a crucial piece of information for various analysis and investment decisions. However, extracting valuable insights from the Q\&A section has…

Computation and Language · Computer Science 2023-10-18 Bhaskarjit Sarmah , Tianjie Zhu , Dhagash Mehta , Stefano Pasquali

Answering questions within business and finance requires reasoning, precision, and a wide-breadth of technical knowledge. Together, these requirements make this domain difficult for large language models (LLMs). We introduce BizBench, a…

Computation and Language · Computer Science 2024-03-13 Rik Koncel-Kedziorski , Michael Krumdick , Viet Lai , Varshini Reddy , Charles Lovering , Chris Tanner

Large language models (LLMs) excel at generating human-like responses but often struggle with interactive tasks that require access to real-time information. This limitation poses challenges in finance, where models must access up-to-date…

Information Retrieval · Computer Science 2026-03-02 Ankur Sinha , Chaitanya Agarwal , Pekka Malo

Annual Reports of publicly listed companies contain vital information about their financial health which can help assess the potential impact on Stock price of the firm. These reports are comprehensive in nature, going up to, and sometimes…

Statistical Finance · Quantitative Finance 2023-09-07 Udit Gupta

Recently, many works have proposed various financial large language models (FinLLMs) by pre-training from scratch or fine-tuning open-sourced LLMs on financial corpora. However, existing FinLLMs exhibit unsatisfactory performance in…

Computational Engineering, Finance, and Science · Computer Science 2024-05-02 Huan-Yi Su , Ke Wu , Yu-Hao Huang , Wu-Jun Li

Financial large language models (FinLLMs) have been applied to various tasks in business, finance, accounting, and auditing. Complex financial regulations and standards are critical to financial services, which LLMs must comply with.…

Computational Engineering, Finance, and Science · Computer Science 2025-01-14 Keyi Wang , Jaisal Patel , Charlie Shen , Daniel Kim , Andy Zhu , Alex Lin , Luca Borella , Cailean Osborne , Matt White , Steve Yang , Kairong Xiao , Xiao-Yang Liu Yanglet

Going beyond simple text processing, financial auditing requires detecting semantic, structural, and numerical inconsistencies across large-scale disclosures. As financial reports are filed in XBRL, a structured XML format governed by…

Financial markets change rapidly due to news, economic shifts, and geopolitical events. Quick reactions are vital for investors to avoid losses or capture short-term gains. As a result, concise financial news summaries are critical for…

Computational Engineering, Finance, and Science · Computer Science 2025-12-10 Nicolas Reche , Elvys Linhares-Pontes , Juan-Manuel Torres-Moreno

Solving financial problems demands complex reasoning, multimodal data processing, and a broad technical understanding, presenting unique challenges for current large language models (LLMs). We introduce XFinBench, a novel benchmark with…

Computation and Language · Computer Science 2025-08-25 Zhihan Zhang , Yixin Cao , Lizi Liao

This paper investigates the ability of large language models (LLMs) to solve statistical tasks, as well as their capacity to assess the quality of reasoning. While state-of-the-art LLMs have demonstrated remarkable performance in a range of…

Computation and Language · Computer Science 2026-01-22 Crish Nagarkar , Leonid Bogachev , Serge Sharoff

Large language models (LLMs) are increasingly applied to financial analysis, yet their ability to audit structured financial statements under explicit accounting principles remains poorly explored. Existing benchmarks primarily evaluate…

Artificial Intelligence · Computer Science 2026-03-13 Arun Vignesh Malarkkan , Manan Roy Choudhury , Guangwei Zhang , Vivek Gupta , Qingyun Wang , Yanjie Fu , Denghui Zhang

Large Language Models (LLMs) frequently hallucinate to long-form questions, producing plausible yet factually incorrect answers. A common mitigation strategy is to provide attribution to LLM outputs. However, existing benchmarks primarily…

Computation and Language · Computer Science 2025-10-09 Yitao Long , Tiansheng Hu , Yilun Zhao , Arman Cohan , Chen Zhao

This paper investigates the application of large language models (LLMs) to financial tasks. We fine-tuned foundation models using the Open FinLLM Leaderboard as a benchmark. Building on Qwen2.5 and Deepseek-R1, we employed techniques…

Computation and Language · Computer Science 2025-04-18 Varun Rao , Youran Sun , Mahendra Kumar , Tejas Mutneja , Agastya Mukherjee , Haizhao Yang

We investigate whether large language models (LLMs) can successfully perform financial statement analysis in a way similar to a professional human analyst. We provide standardized and anonymous financial statements to GPT4 and instruct the…

Statistical Finance · Quantitative Finance 2025-02-24 Alex Kim , Maximilian Muhn , Valeri Nikolaev

Large language models (LLMs) are increasingly being applied to financial analysis, reporting, investment decision support, risk management, compliance, and professional training. However, robust evaluation of their domain competence in…

Financial LLMs hold promise for advancing financial tasks and domain-specific applications. However, they are limited by scarce corpora, weak multimodal capabilities, and narrow evaluations, making them less suited for real-world…

We present FinMMR, a novel bilingual multimodal benchmark tailored to evaluate the reasoning capabilities of multimodal large language models (MLLMs) in financial numerical reasoning tasks. Compared to existing benchmarks, our work…

Training automatic summary fact verifiers often faces the challenge of a lack of human-labeled data. In this paper, we explore alternative way of leveraging Large Language Model (LLM) generated feedback to address the inherent limitation of…

Computation and Language · Computer Science 2024-12-17 Jihwan Oh , Jeonghwan Choi , Nicole Hee-Yeon Kim , Taewon Yun , Hwanjun Song

There are multiple sources of financial news online which influence market movements and trader's decisions. This highlights the need for accurate sentiment analysis, in addition to having appropriate algorithmic trading techniques, to…

Computation and Language · Computer Science 2024-03-20 Thanos Konstantinidis , Giorgos Iacovides , Mingxue Xu , Tony G. Constantinides , Danilo Mandic

While the reasoning capabilities of Large Language Models (LLMs) excel in analytical tasks such as mathematics and code generation, their utility for abstractive summarization remains widely assumed but largely unverified. To bridge this…

Computation and Language · Computer Science 2025-12-10 Haohan Yuan , Haopeng Zhang