Uncovering Inconsistencies and Contradictions in Financial Reports using Large Language Models

Correct identification and correction of contradictions and inconsistencies within financial reports constitute a fundamental component of the audit process. To streamline and automate this critical task, we introduce a novel approach leveraging large language models and an embedding-based paragraph clustering methodology. This paper assesses our approach across three distinct datasets, including two annotated datasets and one unannotated dataset, all within a zero-shot framework. Our findings reveal highly promising results that significantly enhance the effectiveness and efficiency of the auditing process, ultimately reducing the time required for a thorough and reliable financial report audit.

  • Veröffentlicht in:
    2023 IEEE International Conference on Big Data (BigData)
  • Typ:
    Inproceedings
  • Autoren:
    Deußer, Tobias; Leonhard, David; Hillebrand, Lars; Berger, Armin; Khaled, Mohamed; Heiden, Sarah; Dilmaghani, Tim; Kliem, Bernd; Loitz, Rüdiger; Bauckhage, Christian; Sifa, Rafet
  • Jahr:
    2023
  • Source:
    https://ieeexplore.ieee.org/document/10386673

Informationen zur Zitierung

Deußer, Tobias; Leonhard, David; Hillebrand, Lars; Berger, Armin; Khaled, Mohamed; Heiden, Sarah; Dilmaghani, Tim; Kliem, Bernd; Loitz, Rüdiger; Bauckhage, Christian; Sifa, Rafet: Uncovering Inconsistencies and Contradictions in Financial Reports using Large Language Models, 2023 IEEE International Conference on Big Data (BigData), 2023, 2814--2822, https://ieeexplore.ieee.org/document/10386673, Deusser.etal.2023c,

Assoziierte Lamarr-ForscherInnen

Prof. Dr. Rafet Sifa

Prof. Dr. Rafet Sifa

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