Business Area Data Model

Accounting & Financial Reporting

Management requires accurate financial information to make informed decisions affecting the operation of the business and comply with financial reporting obligations to shareholders and government entities.

Accounting is the standard language of business providing the means to report, apply and understand business information consistently.

Accounting provides information used by the business internally to make operating decisions ('management accounting') and for reporting financial information to investors, shareholders and government entities ('financial accounting').

This same information is used for the creation of standard business ratios and metrics used internally and by the financial community to evaluate the performance of the organization.

The Accounting & Financial Reporting Business Area Model incorporates the GAAP and IFRS accounting rules to describe the accounting infrastructure that supports business and financial reporting systems:

Balance SheetAsset
Cash Flow StatementAsset Valuation
Income StatementDepreciation / Amortization
Accounting TransactionsFinancial Statements
AccountKey Business Metrics
JournalCorporate Instruments

The Accounting & Financial Reporting model establishes a common data architecture for developing data marts or an integrated data warehouse to serve the entire organization and answer key questions.

The model can serve as a set of 'target' financial data structures for integration of data from other corporate entities for aggregated reporting and analysis.

The Accounting & Financial Reporting data model integrates seamlessly with the Business Metrics data model to supply a broad set of business ratios used by standard business and specific industries.