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 ...

What are the components of financial analysis? When it comes to financial analysis, the most important things to assess are a company’s four main financial statements: the balance sheet ...

Palepu, Krishna G., and Paul M. Healy. Business Analysis and Valuation: Using Financial Statements, Text and Cases. 5th ed. Cengage Learning, 2013.

and how M&A impacts the financial statements. Understand the nature of income, including measurement strategies, analysis of cashflow and prediction of financial distress. Develop skills in financial ...