OREANDA-NEWS. April 06, 2011. FBK offer their clients a new software program which considerably simplifies and streamlines calculation of taxable base on term transaction financial tools and debt liabilities, not engaged on the regulated market, it also automates docflow when new tax registers are compiled, reported the press-centre of FBK.

The program is developed by FBK experts on the published “Procedures for determining value of securities and term transaction financial tools, not engaged on an open market”, certified by the Federal Service for Financial Markets on November 9, 2010 “this program is a unique product which we are ready to offer our clients already at the moment”, says Oleg Matveev, Deputy Director of Audit and Consulting Services to Financial Institutions Department. — This is one of the first if not the first system of automating calculations described in the “Procedures…” by the Federal Service for Financial Markets. Mathematical set suggested in the document by the Federal Service for Financial Markets is rather complicated for an accountant, it is rather difficult to do calculations. Our program shall allow simplifying and streamlining calculations and shall automatically draw up reports required to make tax registers”.

FBK software product is provided with original interface, considering diversity of financial products and simplifying entering source information to the maximum.