Varoihin

Varoihin is a term primarily used in Finnish finance and accounting to refer to assets. It encompasses everything of value owned by an individual, company, or organization. This can include tangible items such as real estate, machinery, inventory, and cash, as well as intangible assets like patents, trademarks, and goodwill.

In a business context, varoihin are crucial for understanding a company's financial health and its ability to generate future income. They are typically listed on the asset side of a balance sheet, providing a snapshot of what a company owns at a specific point in time. The classification of assets can vary, often distinguishing between current assets (expected to be converted to cash within one year) and non-current assets (long-term assets).

For individuals, varoihin can include personal belongings, savings, investments, and property. Tracking one's varoihin is a fundamental aspect of personal finance, helping individuals manage their wealth and plan for financial goals. The concept of varoihin is central to financial reporting and analysis across various economic sectors.