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Semantic Modeling in Accounting Education, Practice, and Research: Some Progress and Impediments

  • William E. McCarthy
Chapter
Part of the Lecture Notes in Computer Science book series (LNCS, volume 1565)

Abstract

In late 1979, the first Entity-Relationship (E-R) Conference was held at UCLA in December, and the first semantic modeling paper in the financial systems domain was published in The Accounting Review in October. Those two papers by McCarthy (1979; 1980) were actually based on his doctoral dissertation work completed in 1977 at the University of Massachusetts where a computer science professor -- David Stemple -- had introduced him to the groundbreaking E-R paper of Peter Chen (1976) that was published the prior year in the initial issue of ACM Transactions on Database Systems. An important additional component of that same thesis work was the development of a normative accounting data modeling framework, something which needed more theoretical development at the time of the first E-R Conference. By 1982 however, McCarthy had completed that additional work, and he followed the first E-R paper and conference presentation with a more general semantic theory of economic phenomena in business organizations — the REA accounting model (McCarthy, 1982).

Keywords

Semantic Modeling Account Review Manual Bookkeeping Enterprise Information System Information System Design 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • William E. McCarthy
    • 1
  1. 1.Department of AccountingMichigan State UniversityMichigan

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