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Subject: Re: [office-comment] ODFF: XIRR
Hello David, Re: "Dennis E. Hamilton's question to you.." If I may, I would be please to refer to the following sources which may be in a position of authority with regards to the "/*financial analysis functionality et al*/" that were mentioned by Dennis E. Hamilton in his email to you. These sources are as follows:- 1. *The Inter-American Development Bank (IDB)*. http://www.iadb.org 2. *The United Nations Industrial Development Organization (UNIDO)*. http://www.unido.org/index.php?id=o3470 I sincerely trust that these sources are most welcome and may be in a position to provide the information sought by the respective committees concerned with the approval of "ODF definitions of operations, including OpenFormula functions". Have a very pleasant day. Kindest regards, Sheldon A. Britton > David, > > Allow me to echo Rob's sentiment. I find your questions and comments very > useful and something to think about. > > I do have a question for you, although I appreciate that your attention has > moved to other matters. > > Here's my question: Can you recommend authoritative sources that establish > the principles that are behind certain functions, especially in financial > analysis, treatment of securities and accounts, and so on, that should be > referenced for guidance of those who want to implement appropriate functions > in electronic spreadsheets and their formulas? I'm particularly interested > in rules that are used in accounting and financial practice, and the > authoritative sources of those rules. I'm concerned that we have > authoritative subject-matter expertise for citation and also comparison with > what various programs do. > > Any advice that you have would be very welcome. I invite you to discuss > this further on the office-user list, saving the -comment list for comments > that are specific to the ODF definitions of operations, including > OpenFormula functions. > > Regards, > > - Dennis > > > Dennis E. Hamilton > ------------------ > NuovoDoc: Design for Document System Interoperability > mailto:Dennis.Hamilton@acm.org | gsm:+1-206.779.9430 > http://NuovoDoc.com http://ODMA.info/dev/ http://nfoWorks.org > > PS: The concern behind my question - > > My sense is that the work on spreadsheet formulas is conducted by software > developers and others with much insight around computation. It seems to me > that the basis for definition and formulas is often derived from what other > software does (or is thought to do), often with considerable ingenuity. > > My concern is that we risk resolving our concerns for standardization by > consultation of software and various practices without understanding the > domain of practice in the world of users, treating the problem as simply one > of getting software to align. > > I appreciate that software implementations raise edge cases that may or may > not represent real-life situations but which need a predictable > computational result anyhow. It might be useful to take those cases back to > the appropriate authorities for resolution or at least confirmation that > they are not of concern. [I am reminded that the work to create > tournament-caliber chess-playing programs led to requests for clarification > of the international rules of the game and the rules were updated to clarify > how certain unusual conditions were to be adjudicated in both human and > computer play.] > > > > > -----Original Message----- > From: robert_weir@us.ibm.com [mailto:robert_weir@us.ibm.com] > http://lists.oasis-open.org/archives/office-comment/200809/msg00015.html > Sent: Monday, September 08, 2008 06:14 > To: office-comment@lists.oasis-open.org > Subject: Re: [office-comment] ODFF: XIRR > > "David King" <openoffice@drking.plus.com> wrote on 09/07/2008 11:46:43 PM: > > >> I've worried that my contribution on this list has been rather >> fulsome, to the point of 'noise', and I was intimating that >> things would be a bit quieter ;) >> >> > > Hi David, > > I certainly have found your review and contributions valuable. Since the > ODF TC is still a bit behind on responding to public comments in general > you probably will not receive a detailed response for another couple of > months. But getting the financial function definitions clear and correct > is critical for ODF 1.2. So we will be acting on your comments, once we > get to them. > > Regards, > > -Rob > > > >
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