tilinpäätösdirektiivien

The Tilinpäätösdirektiivit, or Accounting Directives, are a set of European Union directives that aim to harmonize accounting and financial reporting standards for companies within member states. The primary goal is to ensure a comparable and transparent financial picture across the EU, facilitating cross-border investment and trade.

These directives have evolved over time, with significant revisions in 1978, 1983, 1990, and most notably in 2013 with Directive 2013/34/EU. This latest directive consolidated and repealed previous ones, introducing updated rules for financial statements, consolidated financial statements, and related reports. It also introduced the concept of micro-entities, which are exempt from certain reporting requirements, and provides options for small and medium-sized enterprises (SMEs) to simplify their reporting.

Key aspects covered by the directives include the form and content of financial statements, valuation rules, disclosure requirements, and the auditing of accounts. They also address the presentation of consolidated accounts for groups of companies, ensuring that the financial position of the parent and its subsidiaries is presented as a single economic unit. Member states transpose these directives into their national laws, leading to some variations in implementation while maintaining the core objectives of harmonization. The directives are crucial for investors, creditors, and other stakeholders seeking to understand the financial health of EU companies.