An IFRS compliant balance sheet metamodel

摘要

This paper proposes a balance sheet metamodel using Model Driven Architecture (MDA) methodology. In order to do that, we use the international financial reporting standard (IFRS) as a good starting point owing to its wider adoption across countries in preparing balance sheet. The balance sheet is summary of financial position of a financial entity such as credit institutions. The reason for applying MDA in developing balance sheet metamodel is twofold: to automate transfer and sharing knowledge of regulations of capital adequacy of credit institutions and to make a clear difference between conceptual and concrete modeling of regulations of capital adequacy of credit institutions.