OpenAI’s GPT-4 large language model has reportedly demonstrated an ability to analyze financial statements with a level of accuracy that surpasses the best human financial analysts. The claim comes ...
A recent academic paper says that ChatGPT accurately predicted whether a company's earnings would rise or fall about 60% of the time, versus human analysts, who got it right 52.71% of the time. The ...
A company's ability to produce accurate financial statements is essential to its survival. Many interested parties, not just company owners, rely on information about money coming in and going out of ...
Researchers from the University of Chicago have demonstrated that large language models (LLMs) can conduct financial statement analysis with accuracy rivaling and even surpassing that of professional ...
Financial statements are essential tools used to analyze a company's performance. Management utilizes several techniques to determine a company's financial condition and make decisions regarding ...
Jason Morris has 9+ years of experience as a financial professional. He is currently a controller for Nucorp, the largest steel producer in the U.S. Suzanne is a content marketer, writer, and ...
Financial analysis is an aspect of the overall business finance function that involves examining historical data to gain information about the current and future financial health of a company.
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
What if analyzing complex financial statements took seconds instead of hours? Imagine an investor reviewing a company’s balance sheet, income statement, and cash flow report, tasks that traditionally ...