The XML-Based Web Languages and Accounting 65
XML specications XML Schema, XLink, XML Namespace, Xpath and XSLT are used
to develop XBRL specications. XBRL specications provide a set of normative rules
that tell us how to develop valid XBRL instance docum
Seminar 3 Discussion questions
1. What is XML? What is XBRL?
2. How long has XBRL been available? 1990s
3. What is a taxonomy?
4. What is different about XBRL taxonomy compared to other XML
5. What is required to mark up financial statements i
The seminar # 1 is coming.
There will be: 1) a short 5-questions multiple choice test; 2) discussion on the theory; 3) cases; 4) some other
The multiple choice test will be based on the materials (&attached):
The seminar # 2 (and the quiz) will be on the accounting software taxonomy, ERP systems, relational databases &
normalization, OLAP vs. OLTP.
Please review (in the proposed order):
- Lecture slides
- Selected pages from here: http:/1drv.ms/1WjI8zI ; and h
Oleg Korop, group #1
Home Assignment #1
Based on the lecture notes (lecture #2) proof that:
( X i X ) 0
Yi X i Y X i cov( X , Y )
X i2 X X i var(X )
( X i X )= X inX= X i
n X i
= X i X i=0
( Y iY )( X i X ) = cov ( X ,Y ) .
Home Assignment #3
(To be submitted on Saturday, November, 8, 4-101, during the lecture)
Assignment #1 (2 points)
State with reason whether the following statements are TRUE/FALSE/UNCERTAIN
In choosing the various functional forms, we can pay no attent