tilinpäätösvalmistelun

Tilinpäätösvalmistelu refers to the process of preparing a company's financial statements. This involves gathering all financial data, such as income statements, balance sheets, and cash flow statements, and ensuring they are accurate and complete. The preparation is a crucial step before the financial statements can be audited or filed with regulatory bodies.

The process typically begins with the closing of the books for the accounting period. This includes recording all transactions, making necessary adjustments for accruals and deferrals, and reconciling accounts. Companies use accounting software to facilitate this process, but manual verification and review are still essential. The goal is to present a true and fair view of the company's financial position and performance.

Key tasks in tilinpäätösvalmistelu include verifying the accuracy of ledgers, preparing trial balances, and drafting the primary financial statements. It also involves ensuring compliance with relevant accounting standards, such as Finnish Accounting Act (Kirjanpitolaki) and International Financial Reporting Standards (IFRS) if applicable. Proper documentation and supporting evidence for all entries are maintained throughout the preparation phase.

Once the financial statements are prepared, they are reviewed by management and often by external auditors. This review ensures that the statements are free from material misstatements and comply with all legal and regulatory requirements. The final approved financial statements are then used for various purposes, including taxation, investor relations, and strategic decision-making. The thoroughness of the tilinpäätösvalmistelu directly impacts the reliability of the financial information.