We (Kim, Muhn and Nikolaev) examine to what extent general-purpose large language models (LLM) such as GPT4 can make informed financial decisions based on mostly numerical financial data. We provide ...

Common size analysis displays each line item of your financial statement as a percentage of a base figure to help you determine how your company is performing year over year, and compared to ...

Analysis of financial statement data is the sole input to the algorithmic model that yielded the performance described in this paper. The model had no knowledge of stock price, analysts’ opinion ...

The Accounting Review, Vol. 89, No. 2 (MARCH 2014), pp. 669-694 (26 pages) In this study, we hypothesize and find that financial statement analysis of firm profitability drivers applied at the ...