@inproceedings{9dd3c022762a4f7da3ed3e24480bcc23,
title = "Consolidating economic exchange ontologies for corporate reporting standard setting",
abstract = "In the last decade, several UFO-grounded economic exchange ontologies have been developed, notably COFRIS, OntoREA, REA2, and ATE. It is time to take the next step in the direction of corporate reporting standard setters, for which an ontological approach is of high potential value. In this paper, we first describe the foundational assumptions for exchange conceptualization and consolidate the latest developments in COFRIS - a core ontology for financial reporting information systems, within the most recent versions of the UFO theories and the OntoUML tool. We then confront COFRIS with the conceptual framework and standards for accounting and financial reporting and compare it with other UFO grounded exchange ontologies.",
keywords = "ontologies, accounting standards",
author = "Ivar Blums and Hans Weigand",
year = "2021",
month = oct,
doi = "10.1007/978-3-030-89022-3_25",
language = "English",
isbn = "978-3-030-89021-6",
series = "Lecture Notes in Computer Science",
publisher = "Springer",
pages = "315--329",
booktitle = "Proceedings of the 40th International Conference on Conceptual Modeling",
address = "Germany",
}