tilikausina

Tilikausina is the plural form of tilikausi, a Finnish accounting term that refers to the defined periods used for financial reporting and taxation. Each tilikausi represents a distinct span of time for which a company prepares its financial statements, such as an income statement and a balance sheet, and for which profits are calculated and taxes assessed. The plural form tilikausina is used when discussing multiple such periods across years.

A tilikausi typically lasts 12 months. The first tilikausi of a new company may be shorter or longer than 12 months, but generally not longer than 18 months. The start and end dates are chosen by the company and registered with the relevant authorities. While many companies align their tilikausi with the calendar year, others choose different year-end dates to suit their business cycle.

For each tilikausi, the company must prepare tilinpäätös, the statutory financial statements that summarize performance and financial position for that period. Depending on the size and structure of the company, tilinpäätös may be subject to audit. The tilikausi also defines the period for calculating profits for corporate income tax, and the related tax return is filed for that tilikausi.

Changing the end date or length of a tilikausi requires official notification and may involve transitional arrangements. Consistency in the tilikausi across years is common, though changes are possible under regulatory rules.

See also: tilikausi, kirjanpito, tilinpäätös, verotus.