tilintarkastustoimia

Tilintarkastustoimia refers to the actions and processes involved in auditing financial statements. In Finland, this is primarily carried out by authorized auditors, known as 'tilintarkastaja'. The main purpose of these actions is to provide an independent opinion on whether the financial statements of an organization give a true and fair view of its financial position and performance.

The scope of tilintarkastustoimia includes examining accounting records, supporting documents, and internal control systems. Auditors assess the risks of material misstatement and design audit procedures to gather sufficient appropriate audit evidence. This evidence helps them form a conclusion regarding the reliability and accuracy of the financial information presented.

Key aspects of tilintarkastustoimia involve verifying the existence and valuation of assets, the completeness of liabilities, and the accuracy of revenue and expense recognition. Auditors also check for compliance with relevant laws, regulations, and accounting standards.

Following the audit procedures, the auditor issues a formal audit report. This report states whether the financial statements are free from material misstatement and present a true and fair view. If significant issues are found, the auditor may issue a qualified or adverse opinion, or disclaim an opinion altogether. The overall objective is to enhance the credibility of financial reporting for stakeholders such as shareholders, creditors, and the public.