A Literature Review on the Application of Artificial Intelligence in Financial Statement Analysis

Mengxin Shi

doi:10.71204/dd26he23

Authors

Mengxin Shi Hebei University Author

DOI:

https://doi.org/10.71204/dd26he23

Keywords:

Artificial Intelligence, Financial Statement Analysis, Financial Metrics, Machine Learning

Abstract

Amidst the broader context of digital transformation and the rapid advancement of information technology, artificial intelligence (AI) is progressively reshaping the methodologies and efficiency of financial statement analysis. It also greatly enhances the ability to predict and analyze financial data and financial reports. This paper presents a comprehensive review of the literature concerning the application of AI in financial statement analysis, delineating the progress and current status of AI technologies in this domain. It explores the core AI technologies and their practical applications. Furthermore, it analyzes the advantages and challenges associated with the integration of AI in financial statement analysis, and offers insights into potential future research directions. The objective is to provide a valuable resource for advancing the in-depth application and research of AI in this field.

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