Title	REA-101: A Quick Tour of Basic Ontological Components
Presenters	William E. McCarthy Michigan State University
Length:	3-4 hours
Workshop Description	This is an expanded "elevator speech" that describes the REA ontology components in terms first suggested by Billy Goetz in 1939 in his seminal events-based accounting article. For enterprise systems, we formulate an accounting and economic ontology by developing answers to the following questions about business processes: what, when, and who (the resources, events, agents); why (economic rationale within and between processes); over what time period (what has happened, what could be or should be, what is planned or scheduled); how (the workflow or task choreography); where (the jurisdictional domain or business location); with what additional parties (third parties and regulators). Answers for these questions will be adapted from both the theoretical REA ontology work and from the international standards work in ISO and the United Nations CEFACT organization.
Contact	mccarthy@bus.msu.edu
Materials	Powerpoint presentation to be emailed beforehand to registrants.
Requirements	No substantial knowledge of REA modeling is required