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Accounting Systems Need the Pragmatic Web

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The Pragmatic Web is a thing. And accounting, reporting (in particular compliance reporting), audit, and analysis need the Pragmatic Web. The notion of the Pragmatic Web was first articulated in 2002 in a paper by Munindar P. Singh, The Pragmatic Web: Preliminary Thoughts , and in 2006 by Mareike Schoop, Aldo de Moor, and Jan L.G. Dietz in their paper, The Pragmatic Web: A Manifesto . In that manifesto, they state: " The vision of the Pragmatic Web is thus to augment human collaboration effectively by appropriate technologies, such as systems for ontology negotiations, for ontology-based business interactions, and for pragmatic ontology-building efforts in communities of practice. In this view, the Pragmatic Web complements the Semantic Web by improving the quality and legitimacy of collaborative, goal-oriented discourses in communities ." So, the Pragmatic Web complements the Semantic Web; it does not replace it.  The Semantic Web is simply not enough and it's purpose i...