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XBRL, UML and Databases: State-of-the-art XIII European Banking Supervisors XBRL Workshop 24th 25th November 2010, Luxembourg Ignacio Santos & Elena Astrolabe Group Carlos III University of MadridSummary
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How to fill out xbrl uml and databases
How to fill out XBRL, UML and databases:
01
Understand the data requirements: Before filling out XBRL, UML, or databases, it is crucial to have a clear understanding of the data that needs to be captured. Identify the specific information that needs to be included, such as financial data for XBRL or entities and relationships for UML.
02
Familiarize yourself with the standards: Each of these technologies has its own set of standards and guidelines. Take the time to familiarize yourself with XBRL (eXtensible Business Reporting Language) for financial reporting, UML (Unified Modeling Language) for visualizing system structures, and databases for storing and managing data.
03
Plan your data structure: For databases, plan the entity-relationship model that will represent the data. Identify the entities (such as customers, products, or transactions) and define their relationships. Develop a clear understanding of the attributes that will be associated with each entity.
04
Design UML diagrams: Use UML diagrams to visually represent the system structures, relationships, and behaviors. Create class diagrams to define the classes, their attributes, and methods. Use sequence diagrams to illustrate the interactions between different system components.
05
Map data to XBRL taxonomies: In the case of XBRL, map the financial data to the corresponding XBRL taxonomies. These taxonomies define the specific elements that need to be included in the XBRL instance document. Ensure that the data is correctly aligned with the taxonomy elements to ensure accurate reporting.
06
Validate and test: Before finalizing the data filling process, it is essential to validate and test the data. Check for any errors or inconsistencies and make the necessary adjustments. Use validation tools that are available for each technology to ensure compliance and accuracy.
Who needs XBRL, UML, and databases?
01
Finance and accounting professionals: XBRL is commonly used in financial reporting as it allows for standardized and structured data exchange. Finance and accounting professionals are the primary users of XBRL, as it helps streamline the reporting process and improve data quality.
02
Software developers and system architects: UML is widely used in software development to design and document systems. Software developers and system architects need UML to visually represent the structure and behavior of the software they are building or maintaining.
03
Data analysts and IT professionals: Databases play a crucial role in storing, managing, and analyzing large amounts of data. Data analysts and IT professionals heavily rely on databases to retrieve and process information efficiently. They need databases to ensure data integrity, security, and scalability.
In summary, filling out XBRL, UML, and databases requires understanding the data requirements, familiarizing yourself with the standards, planning the data structure, designing UML diagrams, mapping data to XBRL taxonomies, and validating the data. XBRL, UML, and databases are essential for finance professionals, software developers, system architects, data analysts, and IT professionals.
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