Titlebook: Income Statement Semantic Models; Building Enterprise- Chris Barber Book 2024 Chris Barber 2024 Power BI.Income Statement Models.Semantic M

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Why Model the Income Statement?, improve decision-making, improve data quality, increase understanding, and uncovering insights to facilitate the month-end close process. We will then cover the two main arguments for partially (rather than fully) modelling the income statement; this includes outlining the position and providing t

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Logical Account Balance Modelscal models are designed for a technical audience. The logical models created in this chapter are used as blueprints for the physical models in Chapter 7 , the trial balance semantic model, and Chapter 8 , a journal entry semantic model. We will also learn about aggregations; these summarizations of

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Internal Reporting Logical Models requirements (unlike external requirements) are not bound by accounting standards; entities can, and do, create a wide range of internal reporting. Given the range of requirements is unique to each entity, these internal logical models focus on general techniques.

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Internal Reporting Semantic Modelsextending the trial balance external reporting semantic models and a journal entry external reporting semantic model from Chapter 11, based on the internal reporting logical models in Chapter 12. We will start with any of the three semantic models from Chapter 11 – either Tyrell Corp, Weyland Indust

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Review of the 16 Challengesl balance income statement semantic model to entity-specific requirements by adding dimensionality, aggregations, bespoke information, and multiple layouts. In this chapter, we will review the 16 challenges outlined in Chapter 3, providing examples of how these challenges have been overcome.