We introduce FinanceMath, a novel benchmark designed to evaluate LLMs' capabilities in solving knowledge-intensive math reasoning problems. Compared to prior works, this study features three core advancements. First, FinanceMath includes 1,200 problems with a hybrid of textual and tabular content. These problems require college-level knowledge in the finance domain for effective resolution. Second, we provide expert-annotated, detailed solution references in Python program format, ensuring a high-quality benchmark for LLM assessment. We also construct a finance-domain knowledge bank and investigate various knowledge integration strategies. Finally, we evaluate a wide spectrum of 44 LLMs with both Chain-of-Thought and Program-of-Thought prompting methods. Our experimental results reveal that the current best-performing system (i.e., GPT-4o) achieves only 60.9% accuracy using CoT prompting, leaving substantial room for improvement. Moreover, while augmenting LLMs with external knowledge can improve model performance (e.g., from 47.5% to 54.5% for Gemini-1.5-Pro), their accuracy remains significantly lower than the estimated human expert performance of 92%. We believe that FinanceMath can advance future research in the area of domain-specific knowledge retrieval and integration, particularly within the context of solving reasoning-intensive tasks.

Recent LLMs have demonstrated remarkable performance in solving exam-like math word problems. However, the degree to which these numerical reasoning skills are effective in real-world scenarios, particularly in expert domains, is still largely unexplored. This paper introduces DocMath-Eval, a comprehensive benchmark specifically designed to evaluate the numerical reasoning capabilities of LLMs in the context of understanding and analyzing specialized documents containing both text and tables. We conduct an extensive evaluation of 48 LLMs with Chain-of-Thought and Program-of-Thought prompting methods, aiming to comprehensively assess the capabilities and limitations of existing LLMs in DocMath-Eval. We found that even the current best-performing system (i.e., GPT-4o) still significantly lags behind human experts in solving complex numerical reasoning problems grounded in long contexts. We believe that DocMath-Eval can serve as a valuable benchmark for evaluating LLMs' capabilities in solving challenging numerical reasoning problems within expert domains.