tilintarkastuskertomuksena

A tilintarkastuskertomus, or financial audit report in English, is a formal document prepared by an auditor after examining an organization’s financial records, transactions, and internal controls. Its primary purpose is to provide an independent assessment of whether the financial statements accurately reflect the financial position and performance of the entity being audited. The report is typically addressed to the organization’s stakeholders, such as shareholders, management, or regulatory bodies, and serves as a key tool for transparency and accountability.

In Finland, tilintarkastuskertomus is a legally required document for many companies, particularly those subject to the Companies Act (Osakeyhtiölaki). The audit is usually conducted by an external auditor, often a licensed accounting firm, though some smaller entities may rely on internal audits. The report follows standardized guidelines, including those set by the International Auditing and Assurance Standards Board (IAASB) and Finnish auditing regulations.

The report typically includes an opinion section, where the auditor states whether the financial statements are presented fairly in accordance with applicable accounting standards, such as International Financial Reporting Standards (IFRS) or Finnish Generally Accepted Accounting Principles (GAAP). It may also highlight any material misstatements, scope limitations, or internal control weaknesses. Additionally, the auditor’s responsibilities, such as adherence to ethical standards and professional judgment, are outlined.

A tilintarkastuskertomus is not only a compliance requirement but also a critical resource for investors, creditors, and regulators. It enhances trust in the financial health of the organization and helps prevent fraud or misrepresentation. For publicly listed companies, the report is often published alongside the annual report and may be subject to further scrutiny by financial authorities.