Tilintarkastustoimit

Tilintarkastustoimit refers to the audit process in Finland. It is a mandatory procedure for many companies and organizations to ensure the accuracy and reliability of their financial statements. The purpose of a tilintarkastustoimit is to provide an independent opinion on whether the financial statements give a true and fair view of the company's financial position and performance.

A tilintarkastustoimit is conducted by a qualified auditor, known as a tilintarkastaja. These auditors must be registered with the Finnish Patent and Registration Office and meet specific professional and ethical requirements. The audit process typically involves examining accounting records, internal controls, and other relevant documentation. Auditors also communicate with management and may perform physical inspections or seek external confirmations.

The outcome of a tilintarkastustoimit is an audit report, which is attached to the company's financial statements. This report includes the auditor's opinion on the financial statements and may also contain observations on the company's internal control systems or other matters. For listed companies and larger private companies, the audit report is publicly available. For smaller entities, the requirements may vary. The legal framework governing tilintarkastustoimit in Finland is primarily the Auditing Act.