Academic and Research Institute of Business, Economics and Management
SUMY STATE UNIVERSITY

Replenishment of the patent treasury at the Department of Finance and Entrepreneurship

Congratulations to prof. Basantsov I.V., who received a positive decision of the Ministry of Economic Development, Trade and Agriculture of Ukraine on the issuance of a declarative patent for a utility model.

According to the results of the examination conducted by the department of the State Enterprise “Ukrainian Institute of Intellectual Property” (Ukrpatent), it was found that the application for a patent of Ukraine for the utility model “Automated information and communication system for collecting and monitoring financial data flows” meets the requirements of Article 12 of the Law of Ukraine ” On the protection of the rights to inventions and utility models. “

The developed utility model is devoted to a system for collecting and monitoring financial data flows, which provides a transition to a more efficient system of settlements and financial control in order to eliminate corruption schemes.

Basantsov Igor Volodymyrovych – Doctor of Economics, professor of the Department of Finance and Entrepreneurship, teaches disciplines related to audit and financial control within the specialty “Finance, banking and insurance”.