Advertisement

Representing Financial Reports on the Semantic Web:

A Faithful Translation from XBRL to OWL
  • Jie Bao
  • Graham Rong
  • Xian Li
  • Li Ding
Part of the Lecture Notes in Computer Science book series (LNCS, volume 6403)

Abstract

We discuss a translation of financial reports from the XBRL format into the Semantic Web language OWL. Different from existing approaches that do structural translation from XBRL’s XML schema into OWL, our approach can faithfully preserve the implicit semantics in XBRL and enable the logic model of financial reports. We show that such a translation reduces the risk of redundancy and inconsistency, and enables the quick and useful inference on XBRL based financial reports for better business decisions.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Bao, J., Rong, G., Li, X., Ding, L.: Representing financial reports on the semantic web (extended version). Technical report, TW-2010-17, Tetherless World Constellation, RPI, Troy, NY, USAGoogle Scholar
  2. 2.
    Declerck, T., Krieger, H.-U.: Translating XBRL Into Description Logic. An Approach Using Protege, Sesame & OWL. In: BIS, pp. 455–467 (2006)Google Scholar
  3. 3.
    Hampton, L., vun Kannon, D.: Extensible Business Reporting Language (XBRL) 2.0 Specification (December 2001), http://www.xbrl.org/tr/2001/xbrl-2001-12-14.pdf
  4. 4.
    Motik, B., Patel-Schneider, P.F., Parsia, B.: OWL 2 Web Ontology Language Structural Specification and Functional-Style Syntax. World Wide Web Consortium (W3C) Recommendation (2009)Google Scholar
  5. 5.
    O’Kelly, C.: XBRL World Wide Adoption Survey (April 2010), http://www.slideshare.net/xbrlplanet/xbrl-world-wide-adoption-survey-april-2010
  6. 6.
    Roberto Garcia, R.G.: Publishing xbrl as linked open data. In: A Unified Approach to Interior Point Algorithms for Linear Complementarity Problems, vol. 538 (2009)Google Scholar
  7. 7.
    Tao, J., Sirin, E., Bao, J., McGuinness, D.L.: Integrity Constraints in OWL. In: AAAI (2010) (in Press)Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  • Jie Bao
    • 1
  • Graham Rong
    • 2
  • Xian Li
    • 1
  • Li Ding
    • 1
  1. 1.Tetherless World ConstellationRensselaer Polytechnic InstituteTroyUSA
  2. 2.Sloan School of Management, Massachusetts Institute of TechnologyCambridgeUSA

Personalised recommendations