Abstract: A computer-implemented method performed by an artificial intelligence (AI) financial analysis and reporting platform is disclosed. The method comprises: analyzing a first set of financial data from a first period of time to compare the first set of financial data to a second set of financial data from a second period of time; and generating a report on a financial performance of the entity, where the report includes an explanation of differences between the first set of financial data and the second set of financial data. Additionally, in some embodiments, AI financial analysis and reporting platform may perform analysis to detect anomalies and trends in financial data. AI financial analysis and reporting platform may also generate a bankruptcy/financial distress prediction model to predict whether an entity will experience bankruptcy or financial distress.