2026/04/07 by Elizabeth Blankespoor, ELIZABETH BLANKESPOOR, ED DEHAAN +2 · 8 citations
Decision Sciences · #Accounting #Artificial intelligence #Business #Computer science #Finance #Generative grammar #Stock Market Forecasting Methods
paper · open access · doi:10.1111/1475-679x.70050
published in Journal of Accounting Research 64(3), 1189-1232 (Wiley)
openalex created_date 2025/10/10 · openalex publication_date 2026/04/07 · openalex updated_date 2026/08/04
ABSTRACT Generative artificial intelligence (GAI) will likely alter many aspects of the financial reporting process and spawn a deep stream of academic research. We take an early step by examining the extent to which firms have begun using GAI in one important part of the reporting process: writing disclosures. We begin by evaluating a commercial tool's ability to detect GAI writing in disclosures, and we find that it reliably identifies even very small amounts of GAI usage in realistic samples. We then examine firms’ actual earnings press releases, conference call prepared remarks, risk factors, MD&As, and IPO filings through 2024 and find statistically significant GAI usage in all five disclosure types, with up to 4.5% of new text written by GAI in 2024. Usage is predictably higher in the cross‐section, and filings with higher GAI have systematically different linguistic properties. Our study provides early insights into the use and effects of GAI in financial reporting, and it motivates future research in this evolving area.