tilinpäätösvalmistelu

Tilinpäätösvalmistelu refers to the preparatory work undertaken by a company to compile its annual financial statements. This process involves gathering and organizing all financial data for the fiscal year, ensuring its accuracy and completeness. Key activities include reconciling bank statements, reviewing all financial transactions, and verifying the valuation of assets and liabilities.

The goal of tilinpäätösvalmistelu is to lay the groundwork for the formal preparation of the income statement, balance sheet, and cash flow statement. It often involves the accounting department or an external accounting firm working closely with management. This stage requires a thorough understanding of accounting principles and relevant legislation.

During tilinpäätösvalmistelu, companies must also ensure that all necessary supporting documentation is in order, such as invoices, receipts, and contracts. Any discrepancies or errors identified during this phase are corrected before the financial statements are finalized. This meticulous preparation is crucial for providing a true and fair view of the company's financial position and performance, and it facilitates the subsequent audit process. It is a fundamental step in corporate financial reporting.