Audit-FT at the Regulations Challenge Task: An Open-Source Large Language Model for Audit

Jiajia Huang, Maowei Jiang, Haoran Zhu


Abstract
Intelligent auditing represents a crucial advancement in modern audit practices, enhancing both the quality and efficiency of audits within the realm of artificial intelligence. With the rise of large language model (LLM), there is enormous potential for intelligent models to contribute to audit domain. However, general LLMs applied in audit domain face the challenges of lacking specialized knowledge and the presence of data biases. To overcome these challenges, this study introduces AuditWen, an open-source audit LLM by fine-tuning Qwen with constructing instruction data from audit domain. We first outline the application scenarios for LLMs in the audit and extract requirements that shape the development of LLMs tailored for audit purposes. We then propose an audit LLM, called AuditWen, by fine-tuning Qwen with constructing 30k instruction dataset from 15 audit tasks and 3 layers. In evaluation stage, we proposed a benchmark with 5k instructions that covers a set of critical audit tasks derived from the application scenarios. With the benchmark, we compare AuditWen with other existing LLMs from information extraction, question answering and document generation. The experimental results demonstrate superior performance of AuditWen both in question understanding and answer generation, making it an immediately valuable tool for audit.
Anthology ID:
2025.finnlp-1.40
Volume:
Proceedings of the Joint Workshop of the 9th Financial Technology and Natural Language Processing (FinNLP), the 6th Financial Narrative Processing (FNP), and the 1st Workshop on Large Language Models for Finance and Legal (LLMFinLegal)
Month:
January
Year:
2025
Address:
Abu Dhabi, UAE
Editors:
Chung-Chi Chen, Antonio Moreno-Sandoval, Jimin Huang, Qianqian Xie, Sophia Ananiadou, Hsin-Hsi Chen
Venues:
FinNLP | WS
SIG:
Publisher:
Association for Computational Linguistics
Note:
Pages:
335–348
Language:
URL:
https://aclanthology.org/2025.finnlp-1.40/
DOI:
Bibkey:
Cite (ACL):
Jiajia Huang, Maowei Jiang, and Haoran Zhu. 2025. Audit-FT at the Regulations Challenge Task: An Open-Source Large Language Model for Audit. In Proceedings of the Joint Workshop of the 9th Financial Technology and Natural Language Processing (FinNLP), the 6th Financial Narrative Processing (FNP), and the 1st Workshop on Large Language Models for Finance and Legal (LLMFinLegal), pages 335–348, Abu Dhabi, UAE. Association for Computational Linguistics.
Cite (Informal):
Audit-FT at the Regulations Challenge Task: An Open-Source Large Language Model for Audit (Huang et al., FinNLP 2025)
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PDF:
https://aclanthology.org/2025.finnlp-1.40.pdf