tilintarkastuskokous

Tilintarkastuskokous is a Finnish term that translates to "audit meeting" or "meeting of auditors." It refers to a formal meeting held in a company or organization to discuss the findings of an audit. These meetings are typically attended by the company's management, the board of directors, and the appointed auditors. The primary purpose of a tilintarkastuskokous is for the auditors to present their report, which details the results of their examination of the company's financial statements and internal controls. During the meeting, auditors explain any identified discrepancies, weaknesses, or areas of concern. They also provide recommendations for improvement. Management has the opportunity to respond to the auditor's findings and discuss any proposed actions. The minutes of the tilintarkastuskokous serve as an official record of the discussion and agreements reached. Such meetings are a crucial part of corporate governance, ensuring transparency and accountability in financial reporting. They help stakeholders, including shareholders and creditors, gain confidence in the accuracy of the company's financial information. The frequency of these meetings can vary depending on the company's size and the auditor's engagement.