Semantic approach to financial knowledge specification - case of emergency policy workflow

Jerzy Korczak , Helena Dudycz , Bartłomiej Nita , Piotr Oleksyk


The article presents an approach to integrate a business proces knowledge in Decision Support Systems. The main research findings are related to the ontological and procedural issues of knowledge specification. The mathematical rigor used in process descriptions guarantees for precise definitione of concepts and relationships in the domain knowledge. It concerns three major aspects of the system design, i.e. formalization of processes predefined in Business Process Modeling Notation, reuse of a domain ontology, and analysis of economic and financial information. Formally specified analytical processes and ontology allowed considerably minimize sources of ambiguity and confusion in the system design and implementation. The described approach is a continuation of the development of the intelligent cockpit for managers (InKoM project), whose main objective was to facilitate financial analysis and evaluation of economic status of the company. The current work and case studies are focused on specification of static (structural) and procedural knowledge of financial analysis in Small and Medium Enterprises. The content of theknowledge covers essential financial concepts and relationships related to the processes of emergency policy. An experiment has been carried out on real financial data extracted from the financial information system.
Author Jerzy Korczak (MISaF / IBI / DIT)
Jerzy Korczak,,
- Department of Information Technologies
, Helena Dudycz (MISaF / IBI / DIT)
Helena Dudycz,,
- Department of Information Technologies
, Bartłomiej Nita (MISaF / IR / KTRiAF)
Bartłomiej Nita,,
- Katedra Teorii Rachunkowości i Analizy Finansowej
, Piotr Oleksyk (MISaF / IR / KTRiAF)
Piotr Oleksyk,,
- Katedra Teorii Rachunkowości i Analizy Finansowej
Publication size in sheets0.8
Book Ziemba Ewa (eds.): Information Technology for Management. Ongoing Research and Development, Lecture Notes in Business Information Processing, no. 311, 2018, Springer International Publishing, ISBN 9783319777214, [9783319777207], DOI:10.1007/978-3-319-77721-4
Keywords in EnglishBusiness Process Modeling, Ontology, Financial analysis, Specification of processes, Emergency policy
Languageen angielski
Korczak_Dudycz_Nita_Oleksyk_Semantic_ Approach_ to_ Financial_ Knowledge.pdf 1,3 MB
Score (nominal)20
Score sourcepublisherList
Publication indicators Scopus Citations = 2
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.