Tilinpäätösrekisteri

Tilinpäätösrekisteri, meaning "financial statement register" in English, is a conceptual or actual repository where financial statements are stored and managed. In Finland, the term is most commonly associated with the system where companies submit their annual financial statements to the Finnish Patent and Registration Office (PRH). This official register ensures that key financial information of registered companies is publicly accessible.

The purpose of a tilinpäätösrekisteri is to provide transparency and accountability for businesses. It allows stakeholders, including investors, creditors, and the general public, to review a company's financial performance and position over time. The information contained typically includes the balance sheet, income statement, and notes to the financial statements.

Companies are legally obligated to file their financial statements with the relevant authorities by a specified deadline after their fiscal year ends. Failure to do so can result in penalties. The digital submission process has become the standard, making the data within the register readily available for analysis and research. This accessibility is crucial for the functioning of capital markets and for making informed business decisions. The tilinpäätösrekisteri serves as a fundamental tool for corporate governance and economic oversight.