Evidence-Grounded Accounting Disclosure Review Cards: A Visual Communication Framework for LLM-Style Explanations over SEC Financial Statements and Notes

This paper presents evidence-grounded accounting disclosure review cards, a visual communication framework for LLM-style explanations over SEC financial statements and notes. The revised study positions the card as an accounting evidence interface rather than as a test of real analyst performance or a live LLM pipeline. The objective is to organize structured statement facts, note-level disclosure evidence, ratio signals, citation trails, and review actions so that accounting claims can be inspected and challenged within a compact card. The evaluation combines the 2024 EDGAR quarterly master indexes, the 2024 SEC Financial Statement Data Sets, and the 2024 Q3-Q4 Financial Statement and Notes Data Sets. The master-index universe contains 1,241,395 filings, including 25,993 10-K/10-Q-family filings. The statement-level analysis uses 23,677 10-K/10-Q-family rows from 6,077 companies across 70 SIC groups, and 20,753 rows (87.65%) contain enough statement evidence to populate the core card. The statement-note paired analysis covers 11,880 filings from 5,811 companies, of which 10,391 (87.47%) are card-ready after note evidence is added. A stratified accounting review benchmark of 400 filings generates 2,400 evidence-checking tasks. The results support the feasibility of the proposed accounting evidence architecture and clarify that the reported outcomes describe data coverage, evidence readiness, and disclosure mapping rather than observed human speed, workload, trust, or live-model reliability.