Konsernitilinpäätöksissään

Konsernitilinpäätöksissään refers to the consolidated financial statements of a group of companies. A consolidated financial statement presents the financial position and performance of a parent company and all its subsidiaries as if they were a single economic entity. This process involves combining the individual financial statements of each company within the group, eliminating intercompany transactions and balances, and adjusting for minority interests. The objective is to provide a true and fair view of the group's overall financial health and operational results to stakeholders such as investors, creditors, and regulators.

The preparation of consolidated financial statements follows specific accounting standards, such as International Financial Reporting Standards (IFRS) or local Generally Accepted Accounting Principles (GAAP). Key elements included in these statements are the consolidated balance sheet, consolidated income statement, consolidated statement of cash flows, and consolidated statement of changes in equity. When companies prepare their konsernitilinpäätöksissään, they must adhere to strict rules regarding consolidation scope, recognition of assets and liabilities, and the reporting of revenues and expenses. This ensures comparability and transparency across different corporate groups. The term is commonly used in Finnish accounting and business contexts.