Research On Event-driven Accounting Information System Based On The Rea Model

In the environment of global economy and the information needs rapidly changing, China's traditional accounting information system based on the traditional accounting theory has been difficult to meet the diversified, personalized information needs of users. In the rapid development of information technology, network technology, database technology and the gradual opening up of China's accounting policies, reconstructing our accounting information system is imperative.The event-driven accounting information system based on the REA (Resource-Event-Agent) accounting model that studied in this paper is based on"Events"Approach to Basic Accounting Theory, database technology, event-driven mechanisms, information systems theory and REA model, is a modern accounting information systems which orients business process, is an action-based online transaction processing systems, can real-time collect data, share data, and meet the accounting objectives of "decision-usefulness view". The main purpose of this paper is to provide theoretical basis to build China's event-driven accounting information system based on the REA model.This paper uses comparative analysis and normative study methods. Present the problems that the REA accounting model faced in the application of China's accounting information systems by comparing the data model of UFIDA and the REA accounting model; then study expanding the REA model by using the methods of value chain analysis, chart of accounts specific and Balanced Scorecard under China's accounting system, to make REA accounting compatible with traditional accounting. Finally, Propose China's accounting information system architecture based on the REA accounting model, and example how to use the REA semantic model to analysis and design the business process databases, then explore using XBRL (eXtensible Business Reporting Language) to support the output for the traditional financial accounting statements get from the new information systems.