aastaaruanded

Aastaaruanded are formal documents produced after the end of a financial year by organizations operating in Estonia. The term, derived from aasta (year) and aru (report), is used to refer to annual reports that summarize a body’s activities, financial performance, governance, and position. They are prepared by a wide range of entities, including publicly listed companies, private firms, government agencies, and non-profit organizations. The primary purpose is to provide accountability and transparency to shareholders, members, regulators, employees, and the public.

A typical aastaaruanne includes: a management or chairperson's review describing significant events and strategy; financial statements such as the balance sheet, income statement, and cash flow statement; notes that explain accounting policies and provide detail on figures; information on governance, risk management, and compliance; and an auditor's report that expresses an opinion on the accuracy of the financial statements.

Legal or regulatory requirements for aastaaruanded vary by jurisdiction but commonly involve formal submission or publication. In practice they are often filed with a national business register or securities regulator and published on the organization's website. They are used by investors, researchers, and policymakers to assess performance, prospects, and stewardship.

Related topics include annual reports in other jurisdictions, financial reporting, corporate governance, and auditing.