Tilitettävä

Tilitettävä is a Finnish term that translates to "accountable" or "subject to accounting" in English. It refers to a person, entity, or item that is obligated to provide an account or report of their actions, finances, or stewardship. This concept is fundamental in various contexts, including finance, governance, and legal proceedings.

In a financial context, a tilitettävä entity, such as a company or a department, is responsible for managing and reporting on its financial transactions. This involves maintaining accurate records, preparing financial statements, and ensuring that funds are used appropriately and in accordance with regulations. Auditors often examine the accounts of a tilitettävä to verify their accuracy and compliance.

In governance, public officials and organizations are often considered tilitettävä to the public or to oversight bodies. This means they must be transparent in their decision-making and accountable for their performance. For example, a government minister is tilitettävä for the policies enacted under their purview.

The legal system also employs the concept of tilitettävä. Individuals or organizations may be held legally accountable for their actions, requiring them to explain or justify their conduct. This can involve responding to lawsuits, investigations, or legal inquiries.

The core idea behind tilitettävä is the expectation of transparency and responsibility. It ensures that those in positions of authority or control can be scrutinized and held answerable for their duties and obligations. This principle is crucial for maintaining trust and ensuring fairness in any system.