Burke, Jenna; Hoitash, Rani; Hoitash, Udi; Xiao, Summer … - 2023
We fine-tune a large language model to classify accounting topics within financial disclosures. This allows for the … efficient and accurate classification of accounting topics in large volumes of out-of-sample unlabeled text. Specifically, our … model leverages innovations in supervised machine learning and large language models to overcome the challenges of manually …