Tilikausiraportit

Tilikausiraportit, often translated as financial statements or annual reports in English, are formal records detailing a company's financial performance over a specific period. This period is typically a fiscal year, but can also be a quarter or half-year. These reports are crucial for stakeholders, including investors, creditors, management, and regulatory bodies, to assess the financial health and operational efficiency of an entity.

The core components of a tilikausiraportti generally include the income statement (tulostiedote or tuloslaskelma), which shows revenues, expenses, and profit or loss; the balance sheet (tase), presenting assets, liabilities, and equity at a specific point in time; and the cash flow statement (rahavirtalaskelma), which tracks the movement of cash in and out of the company from operating, investing, and financing activities. Often, these statements are accompanied by notes to the financial statements, providing further explanations and disclosures of accounting policies, significant events, and other relevant financial information.

The preparation of tilikausiraportit is governed by accounting standards, such as International Financial Reporting Standards (IFRS) or local Generally Accepted Accounting Principles (GAAP), ensuring comparability and transparency. Companies are legally obligated to publish these reports, especially publicly traded ones, to maintain trust and facilitate informed decision-making within the financial markets. They serve as a historical record and a basis for future financial planning and projections.