Finam Management prepares the reporting in a XBRL format by means of the solution of Sintegro consulting

2019

On May 13, 2019 the Sintegro consulting company reported that UK Finam Management LLC prepares the reporting in a XBRL format by means of the solution "XBRL Factory".

On an iformation of the company, a project deliverable is reporting for the Bank of Russia in the XBRL Factory system from III quarter 2018 and also import of data on reports mutual fund from a system "Avancore: Share funds".

Cooperation of Finam Management Management Company LLC and Sintegro consulting began with the project of automation of accounting according to OSBU and continued on the project of automation of formation of accounting and supervising records in the XBRL format.

Well worked methodology of filling of reports was a priority in the choice of the software product. "XBRL factory" considers all features of UK regarding reporting. It is convenient that the program is ready to work with any version of taxonomy, and at release of the taxonomy following versions setup of XBRL Factory is not required. Elvira Bakatina, the chief accountant – the chief of the department of accounting and internal accounting of Finam Management Management Company LLC

Within the project specialists of Sintegro consulting configured autocompletion of 60 forms accounting and supervising statistical reporting according to the accounting program in the automatic mode. Besides, import of data on reports mutual fund from a system "Avancore is configured: Share funds".

Between Sintegro consulting and Finam Management Management Company LLC the agreement of support which provides regular updates of a system and consultation with specialists both on methodical, and on technical issues of work in XBRL Factory is signed.