revideerimise

Revideerimine is the Estonian term for the process of reviewing, auditing, or revising records, procedures, and controls to assess their accuracy, legality, and compliance. In practice, revideerimine most commonly refers to auditing of financial statements, but can also cover compliance reviews, performance audits, and examinations of governance processes. The term is used in both public sector and private enterprises, and the genitive form revideerimise appears in phrases such as revideerimise raport or raamatupidamisrevideerimise.

There are two main types: internal revideerimine, conducted by an organization's own risk management or internal audit function to strengthen controls and improve operations; and external revideerimine, carried out by independent auditors who assess the fairness of financial statements and express an audit opinion.

The revideerimise process typically includes planning, gathering and evaluating evidence, testing of internal controls, and forming a competent opinion. For external audits, the outcome is an audit report with an opinion (for example unqualified, qualified, adverse, or disclaimer). Internal revideerimine emphasizes recommendations for improvement rather than formal opinions.

Legal and professional frameworks influence revideerimise: many entities are required by corporate or public-sector law to have regular revideerimine, and auditors follow national or international standards and ethical requirements, including independence and competence criteria. Overall, revideerimise aims to enhance transparency, accountability, and stakeholder confidence by verifying information integrity and assessing compliance with relevant standards.