FinReporting: An Agentic Workflow for Localized Reporting of Cross-Jurisdiction Financial Disclosures

arXiv cs.CL / 4/8/2026

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Key Points

  • FinReporting proposes an agentic workflow to enable cross-jurisdiction financial disclosure reporting by handling semantic differences across markets and reporting formats (e.g., XBRL vs. PDF).
  • The approach constructs a unified canonical ontology for the core financial statements (income statement, balance sheet, cash flow) and breaks the pipeline into auditable, evidence-grounded stages (acquisition, extraction, canonical mapping, anomaly logging).
  • Instead of using LLMs for free-form generation, the system uses them as constrained verifiers governed by explicit decision rules and evidence grounding to improve verification reliability.
  • Evaluations on annual filings from the US, Japan, and China indicate improved consistency and reliability when working with heterogeneous accounting taxonomies and aggregation conventions.
  • An interactive demo is released for cross-market inspection and structured export of localized financial statements via Hugging Face Spaces.

Abstract

Financial reporting systems increasingly use large language models (LLMs) to extract and summarize corporate disclosures. However, most assume a single-market setting and do not address structural differences across jurisdictions. Variations in accounting taxonomies, tagging infrastructures (e.g., XBRL vs. PDF), and aggregation conventions make cross-jurisdiction reporting a semantic alignment and verification challenge. We present FinReporting, an agentic workflow for localized cross-jurisdiction financial reporting. The system builds a unified canonical ontology over Income Statement, Balance Sheet, and Cash Flow, and decomposes reporting into auditable stages including filing acquisition, extraction, canonical mapping, and anomaly logging. Rather than using LLMs as free-form generators, FinReporting deploys them as constrained verifiers under explicit decision rules and evidence grounding. Evaluated on annual filings from the US, Japan, and China, the system improves consistency and reliability under heterogeneous reporting regimes. We release an interactive demo supporting cross-market inspection and structured export of localized financial statements. Our demo is available at https://huggingface.co/spaces/BoomQ/FinReporting-Demo . The video describing our system is available at https://www.youtube.com/watch?v=f65jdEL31Kk