kritsadaK/bart-financial-summarization
0.4B • Updated • 13
Datasets:
input stringlengths 2.05k 131k | summary stringlengths 38 1.92k | model stringclasses 2
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FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA INDEX TO CONSOLIDATED FINANCIAL STATEMENTS ACCOUNTING FIRM To the Board of Directors and Stockholders Digerati Technologies, Inc. San Antonio, Texas We have audited the accompanying consolidated balance sheets of Digerati Technologies, Inc. and its subsidiaries (collectively... | Here's a summary of the financial statement:
Financial Health Overview:
- The company (Digerati) is operating at a loss with a working capital deficit
- There are substantial concerns about the company's ability to continue operations
- Management has addressed these concerns in Note 2
Revenue Streams:
1. Global VoIP... | Claude |
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. ACCOUNTING FIRM To the Board of Directors and Stockholders of PetroTerra Corp. We have audited the accompanying balance sheets of PetroTerra Corp. as of March 31, 2015 and 2016 and the related statements of income, stockholders’ equity (deficit), and cash flows for each of ... | Based on the provided excerpt, here's a summary of the financial statement:
Financial Condition:
- The company is experiencing ongoing financial challenges
- Consistent losses and negative cash flow from operations
- Accumulated deficit of $2,630,517
- Substantial doubt about the company's ability to continue operatin... | Claude |
. Report of Independent Registered Public Accounting Firm Board of Directors and Shareholders 1st Source Corporation South Bend, Indiana We have audited the accompanying consolidated statements of financial condition of 1st Source Corporation (Company) as of December 31, 2016 and 2015, and the related consolidated stat... | This appears to be a partial financial statement that primarily focuses on accounting policies and procedures, particularly regarding securities and investments. Here's a summary of the key points:
1. Securities Classification & Treatment:
- Held-to-maturity securities are carried at amortized cost
- Trading account s... | Claude |
"Index to Consolidated Financial Statements All schedules are omitted because they are not applicabl(...TRUNCATED) | "This appears to be a partial financial statement with several accounting policies and definitions. (...TRUNCATED) | Claude |
". ACCOUNTING FIRM To the Board of Directors and Stockholders River Financial Corporation and Subsi(...TRUNCATED) | "Here's a summary of the financial statement:\n\nKey Components:\n\n1. Profit/Loss\n- Shows losses r(...TRUNCATED) | Claude |
"Report of Independent Registered Public Accounting Firm To the Board of Directors and Stockholders (...TRUNCATED) | "Here's a summary of the financial statement:\n\nFinancial Reporting Overview:\n- Losses are reporte(...TRUNCATED) | Claude |
"FINANCIAL STATEMETNS AND SUPPLEMENTARY DATA ACCOUNTING FIRM To the Board of Directors and Stockhol(...TRUNCATED) | "Here's a summary of the financial statement:\n\nFinancial Health:\n- The company is experiencing si(...TRUNCATED) | Claude |
"FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA INDEX TO CONSOLIDATED FINANCIAL STATEMENTS \t\t\t \t\t (...TRUNCATED) | "Based on the provided excerpt, here's a summary of the key financial statement points:\n\nAccounts (...TRUNCATED) | Claude |
"ITEM 8: FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA FINANCIAL STATEMENTS December 31, 2016 C O N T (...TRUNCATED) | "Based on the financial statement provided, here's a summary:\n\n1. Profit/Loss: The company has inc(...TRUNCATED) | Claude |
"NF INVESTMENT CORP. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Report of Independent Registered Pub(...TRUNCATED) | "I apologize, but the text you've provided appears to be a fragmented and incomplete financial state(...TRUNCATED) | Claude |
End of preview. Expand in Data Studio
EDGAR-CORPUS : 10K Financial Report Summarization
Extracted from SEC EDGAR filings (1993-2020). This dataset enhances financial report summarization by leveraging a hybrid AI model strategy.
Using:
ChatGPT-3.5 Turbo(~70%),
Claude 3.5 (~30% to generate structured, accurate, and concise summaries)
Dataset Composition
Summaries in this dataset are generated using a hybrid AI model strategy, balancing quality and efficiency:
ChatGPT-3.5 Turbo (~70%) – Used for structured, well-articulated summaries
Claude 3.5 (~30%) – Two variants applied based on input size:
- Claude 3.5 Sonnet for longer and more detailed reports
- Claude 3.5 Haiku for shorter reports to optimize processing speed
Enhanced Summarization with spaCy (Claude Exclusive)
The dataset incorporates spaCy for NLP-based word tracking, applied only when processing with Claude models. This ensures:
- Balanced word distribution to prevent overfitting in AI training datasets
- Improved entity recognition for financial terms like revenue, net income, liabilities
- Adaptive model selection (Sonnet for long texts, Haiku for short ones)
- Keyword-driven extraction of essential financial metrics (e.g., EBITDA, market cap, stock price)
Example Row from the Dataset
Below is a real example from the dataset, showing a financial statement input, the AI-generated summary, and the model used:
Claude's Summary Style
| Model | Input (Financial Statement Text) | Summary (AI-Generated) |
|---|---|---|
| Claude | FACEBOOK, INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Reports of Independent Registered Public Accounting Firm Consolidated Financial Statements: Consolidated Balance Sheets... (Truncated for readability) | Here's a summary of the financial statement: Key Components: 1 Revenue Recognition - Revenue recognized when four conditions are met 2 Assets - Includes current assets, original programming costs, and amortization 3 Liabilities - Marketable securities, fair value measurement, and valuation hierarchy 4 Income Taxes - Deferred tax assets, valuation allowances, and tax rate impact Notable Accounting Practices: - Conservative approach to revenue recognition - Detailed fair value measurement hierarchy - Comprehensive tax planning and recognition strategy - Regular review of asset values and potential impairment |
ChatGPT's Summary style:
| Model | Input (Financial Statement Text) | Summary (AI-Generated) |
|---|---|---|
| ChatGPT | To the Shareholders and Board of Directors of Exactus, Inc. Opinion on the Financial Statements… (Truncated) | The financial statement provided indicates that the company has incurred losses from its operations, resulting in negative cash flows from operating activities. Additionally, the company has an accumulated deficit, and there is substantial doubt about its ability to continue as a going concern. This means that there are concerns about the company's ability to meet its financial obligations and continue operating in the foreseeable future. In terms of expenses, the company has liabilities that are part of its normal course of business operations. Despite the uncertainties surrounding the company's ability to continue as a going concern, no adjustments have been made to the carrying amount and classification of the company's assets and liabilities. The company has considered ASU 2014, which likely pertains to accounting standards related to going concern issues. The liabilities mentioned in the financial statement primarily consist of debt. It is essential to note that the company's financial position seems to be precarious, given the accumulated losses, negative cash flows, and doubts about its ability to continue operating. The management's evaluation of the situation, as described in Note 2 of the financial statement, likely outlines the events and conditions that have led to this financial position and the management's plans to address these challenges. |
To Load this Dataset
from datasets import load_dataset
dataset = load_dataset("kritsadaK/EDGAR-CORPUS-Financial-Summarization")
Limitations: Summary Accuracy & AI Hallucinations
AI-generated financial summaries are not 100% accurate without safeguards. This dataset incorporates:
- Entity Matching & Verification: spaCy NER cross-checks extracted financial terms.
- Consistency Checks: Rule-based validation prevents misinterpretation (e.g., net loss ≠ profit trend).
- Standardized Format: Aligns Claude and ChatGPT outputs for consistency.
- Bias & Overfitting Prevention: Balances structured data extraction with AI-generated summaries.
Despite these safeguards, users should verify summaries before relying on them for financial decisions.
The Financial Statements Summary 10K Dataset was developed as part of the CSX4210: Natural Language Processing project at Assumption University.
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