Automatic extraction of performance indicators from financial statements

Siti Sakira Kamaruddin, Abdul Razak Hamdan, Azuraliza Abu Bakar, Fauzias Mat Nor

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

We present a method to automatically analyze financial statements for the purpose of recognizing and extracting relevant financial indicators together with its values and its related narratives. We employ a rule-based approach to solve the problem of syntactical and morphological variations contained within the financial text. The information was extracted using a multi-pass scan to process the text in a series of pre-programmed functions. Experiments were carried out to demonstrate the feasibility of the system by deriving the precision and recall scores. The extracted results can be used to construct and augment knowledge bases for a more complex text mining systems.

Original languageEnglish
Title of host publicationProceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009
Pages348-350
Number of pages3
Volume2
DOIs
Publication statusPublished - 2009
Event2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009 - Selangor
Duration: 5 Aug 20097 Aug 2009

Other

Other2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009
CitySelangor
Period5/8/097/8/09

Fingerprint

Experiments

Keywords

  • Financial statement analysis
  • Information extraction
  • Rule-based approach
  • Text mining

ASJC Scopus subject areas

  • Information Systems
  • Software
  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

Cite this

Kamaruddin, S. S., Hamdan, A. R., Abu Bakar, A., & Nor, F. M. (2009). Automatic extraction of performance indicators from financial statements. In Proceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009 (Vol. 2, pp. 348-350). [5254714] https://doi.org/10.1109/ICEEI.2009.5254714

Automatic extraction of performance indicators from financial statements. / Kamaruddin, Siti Sakira; Hamdan, Abdul Razak; Abu Bakar, Azuraliza; Nor, Fauzias Mat.

Proceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009. Vol. 2 2009. p. 348-350 5254714.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Kamaruddin, SS, Hamdan, AR, Abu Bakar, A & Nor, FM 2009, Automatic extraction of performance indicators from financial statements. in Proceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009. vol. 2, 5254714, pp. 348-350, 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009, Selangor, 5/8/09. https://doi.org/10.1109/ICEEI.2009.5254714
Kamaruddin SS, Hamdan AR, Abu Bakar A, Nor FM. Automatic extraction of performance indicators from financial statements. In Proceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009. Vol. 2. 2009. p. 348-350. 5254714 https://doi.org/10.1109/ICEEI.2009.5254714
Kamaruddin, Siti Sakira ; Hamdan, Abdul Razak ; Abu Bakar, Azuraliza ; Nor, Fauzias Mat. / Automatic extraction of performance indicators from financial statements. Proceedings of the 2009 International Conference on Electrical Engineering and Informatics, ICEEI 2009. Vol. 2 2009. pp. 348-350
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