Accounting & Tax Services Ontology

Comprehensive domain knowledge for accounting firms, tax advisors, and financial professionals.

Overview

The Accounting ontology provides AI agents with deep understanding of:

• Bookkeeping and general ledger management
• Tax preparation and planning
• Audit and assurance services
• Financial reporting and compliance
• Client advisory services

Key Entities

Entity	Description	Attributes
Client	Business or individual client	Type, Industry, Fiscal Year, Status
Account	General ledger account	Number, Type, Balance, Category
Transaction	Financial transaction	Date, Amount, Account, Description
Tax Return	Tax filing	Type, Period, Status, Due Date
Invoice	Client billing	Amount, Services, Due Date, Status

Common Workflows

Month-End Close

graph LR
    A[Receive Transactions] --> B[Reconcile Accounts]
    B --> C{Balanced?}
    C -->|Yes| D[Generate Reports]
    C -->|No| E[Investigate]
    D --> F[Review & Approve]

Tax Return Preparation

• Document collection and organization
• Income and deduction categorization
• Form preparation and review
• E-filing and confirmation
• Client communication

Regulatory Compliance

Regulation	Scope	Key Requirements
GAAP	Financial reporting	Standardized accounting principles
IRS Code	Tax compliance	Accurate tax reporting and filing
SOX	Public companies	Internal controls, financial reporting
State Regulations	Tax and licensing	State-specific requirements

Prompt Templates

Client Inquiry

As an accounting assistant, help the client with their
question about {topic}. Reference their account history,
tax situation, and applicable regulations. Provide clear,
accurate guidance while noting when professional review
is required.

Transaction Categorization

Analyze this transaction:
- Description: {description}
- Amount: {amount}
- Date: {date}

Suggest appropriate GL account, tax category, and any
required documentation based on accounting standards.

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This ontology is continuously updated based on regulatory changes and accounting best practices.