Towards a reference ontology of complex economic exchanges for Accounting Information Systems

Ivar Blums; Hans Weigand

doi:10.1109/EDOC.2016.7579388

Towards a reference ontology of complex economic exchanges for Accounting Information Systems

Ivar Blums, Hans Weigand

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review

23 Citations (Scopus)

Abstract

Although the field of Accounting Information Systems (AIS) has a long tradition, there is still a lack of a widely adopted conceptualization. The Unified Foundational Ontology (UFO) and its Services sub- ontology (UFO-S) are regarded as grounding the engineering of a reference ontology for AIS. The new International Accounting Standards Board Conceptual Framework for Financial Reporting is used as a main source of the domain knowledge, and a reference ontology of complex economic exchanges (EXP) for AIS is proposed. EXP includes offered, agreed, partial, realization, and settlement economic exchange conceptual models. The economic exchanges affect enterprise economic resources and claims against the enterprise that are represented by economic relators including offerings, agreements, (unconditional, in process and residual) obligations and property rights. The model is an important step towards the development of a Core ontology for AIS.

Original language	English
Title of host publication	20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016)
Editors	Flores Matthes, Jan Mendling, Stefanie Rinderle-Ma
Place of Publication	Vienna
Publisher	IEEE
Pages	1-10
Number of pages	10
ISBN (Electronic)	9781467398855
DOIs	https://doi.org/10.1109/EDOC.2016.7579388
Publication status	Published - Sept 2016
Event	20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016) - Vienna, Austria Duration: 5 Sept 2016 → 9 Sept 2016

Conference

Conference	20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016)
Abbreviated title	EDOC 2016
Country/Territory	Austria
City	Vienna
Period	5/09/16 → 9/09/16

Keywords

economics
ontologies
standards
biological system modeling
law
unified modeling language

Access to Document

10.1109/EDOC.2016.7579388

Cite this

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title = "Towards a reference ontology of complex economic exchanges for Accounting Information Systems",

abstract = "Although the field of Accounting Information Systems (AIS) has a long tradition, there is still a lack of a widely adopted conceptualization. The Unified Foundational Ontology (UFO) and its Services sub- ontology (UFO-S) are regarded as grounding the engineering of a reference ontology for AIS. The new International Accounting Standards Board Conceptual Framework for Financial Reporting is used as a main source of the domain knowledge, and a reference ontology of complex economic exchanges (EXP) for AIS is proposed. EXP includes offered, agreed, partial, realization, and settlement economic exchange conceptual models. The economic exchanges affect enterprise economic resources and claims against the enterprise that are represented by economic relators including offerings, agreements, (unconditional, in process and residual) obligations and property rights. The model is an important step towards the development of a Core ontology for AIS.",

keywords = "economics, ontologies, standards, biological system modeling, law, unified modeling language",

author = "Ivar Blums and Hans Weigand",

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language = "English",

pages = "1--10",

editor = "Flores Matthes and Jan Mendling and Stefanie Rinderle-Ma",

booktitle = "20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016)",

publisher = "IEEE",

note = "20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016), EDOC 2016 ; Conference date: 05-09-2016 Through 09-09-2016",

}

Blums, I & Weigand, H 2016, Towards a reference ontology of complex economic exchanges for Accounting Information Systems. in F Matthes, J Mendling & S Rinderle-Ma (eds), 20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016). IEEE, Vienna, pp. 1-10, 20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016), Vienna, Austria, 5/09/16. https://doi.org/10.1109/EDOC.2016.7579388

Towards a reference ontology of complex economic exchanges for Accounting Information Systems. / Blums, Ivar; Weigand, Hans.
20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016). ed. / Flores Matthes; Jan Mendling; Stefanie Rinderle-Ma. Vienna: IEEE, 2016. p. 1-10.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review

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AU - Weigand, Hans

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AB - Although the field of Accounting Information Systems (AIS) has a long tradition, there is still a lack of a widely adopted conceptualization. The Unified Foundational Ontology (UFO) and its Services sub- ontology (UFO-S) are regarded as grounding the engineering of a reference ontology for AIS. The new International Accounting Standards Board Conceptual Framework for Financial Reporting is used as a main source of the domain knowledge, and a reference ontology of complex economic exchanges (EXP) for AIS is proposed. EXP includes offered, agreed, partial, realization, and settlement economic exchange conceptual models. The economic exchanges affect enterprise economic resources and claims against the enterprise that are represented by economic relators including offerings, agreements, (unconditional, in process and residual) obligations and property rights. The model is an important step towards the development of a Core ontology for AIS.

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KW - standards

KW - biological system modeling

KW - law

KW - unified modeling language

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M3 - Conference contribution

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BT - 20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016)

A2 - Matthes, Flores

A2 - Mendling, Jan

A2 - Rinderle-Ma, Stefanie

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T2 - 20th IEEE International Enterprise Distributed Object Computing Conference (EDOC 2016)

Y2 - 5 September 2016 through 9 September 2016

ER -

Towards a reference ontology of complex economic exchanges for Accounting Information Systems

Abstract

Conference

Keywords

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