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 ...

One of the most effective ways to compare two businesses is to perform a ratio analysis on each company's financial statements. A ratio analysis looks at various numbers in the financial statements ...

Q. I often perform horizontal, vertical, and trend analysis for clients. Each time revised financial statements arrive, I find myself recreating formulas, rechecking ranges, and confirming that ...

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 ...

For most small-business owners, analyzing financial statements might seem overwhelming. While many business owners might outsource the creation of financial statements to an accountant, learning to ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Learn how to read financial statements with simple tips that help you spot trends, connect reports, and understand a company’s performance with clarity. Reading financial statements becomes much ...