# Accounting Reasoning in Large Language Models: Concepts, Evaluation, and Empirical Analysis

arXiv: https://arxiv.org/abs/2512.22443 · HTML: https://mlsanity.com/paper/2512.22443/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Placed in Reasoning for agents, planning and code, one of 17 directions in LLM reasoning.
- Builds on 8 of its 26 references that are in the map.
- First posted on arXiv 27 Dec 2025.

## Placed in

- LLM reasoning / [Reasoning for agents, planning and code](https://mlsanity.com/lr/reasoning-for-agents-planning-and-code/)

## Builds on (most cited first, 8 of 8)

- [Training Verifiers to Solve Math Word Problems](https://mlsanity.com/paper/2110.14168/) (2021)
- [BloombergGPT: A Large Language Model for Finance](https://mlsanity.com/paper/2303.17564/) (2023)
- [CLUE: A Chinese Language Understanding Evaluation Benchmark](https://mlsanity.com/paper/2004.05986/) (2020)
- [Multi-Step Reasoning with Large Language Models, a Survey](https://mlsanity.com/paper/2407.11511/) (2024)
- [Beyond Accuracy: Evaluating the Reasoning Behavior of Large Language Models -- A Survey](https://mlsanity.com/paper/2404.01869/) (2024)
- [FinGPT: Instruction Tuning Benchmark for Open-Source Large Language Models in Financial Datasets](https://mlsanity.com/paper/2310.04793/) (2023)
- [MR-GSM8K: A Meta-Reasoning Benchmark for Large Language Model Evaluation](https://mlsanity.com/paper/2312.17080/) (2023)
- [Evaluating LLMs' Mathematical Reasoning in Financial Document Question Answering](https://mlsanity.com/paper/2402.11194/) (2024)

## Abstract (arXiv)

Large language models (LLMs) are increasingly reshaping learning paradigms, cognitive processes, and research methodologies across diverse domains. As their adoption expands, effectively integrating LLMs into professional fields and clarifying their role in domain-specific applications has become a key challenge for enterprise digital transformation and broader societal development. In the accounting domain, successful integration requires a systematic understanding of LLMs' domain-specific reasoning capabilities. In this study, we introduce the concept of accounting reasoning and propose a set of evaluation criteria grounded in an analysis of the training data characteristics of representative GLM-series models. These criteria establish a foundation for studying accounting-oriented reasoning paradigms and provide benchmarks for assessing and improving model performance. Building on this framework, we evaluate several representative LLMs, including GLM-6B, GLM-130B, GLM-4, and GPT-4, across a range of accounting reasoning tasks. Our experimental results show that prompt engineering strategies can yield varying degrees of performance improvement across models, with GPT-4 demonstrating the strongest overall accounting reasoning capability. Nevertheless, the results indicate that current LLMs remain insufficient for real-world accounting applications. In particular, further optimization is required for deployment in enterprise-level accounting scenarios to fully realize the potential value of LLMs in this domain.