vastavusauditit
Vastavusauditit is a Finnish term referring to counter-audits conducted to challenge or verify the results of an initial audit. In corporate governance and public sector oversight, a vastavusaudit fills a role similar to a reverse or supplementary audit, commissioned by stakeholders such as shareholders, regulators, or audit committees when the conclusions of the primary auditor are questioned or require additional scrutiny.
Typically, stakeholders select a second auditor or an expert panel, define scope and objectives, review underlying
Used to address concerns about risk, misstatement, or transparency, vastavusauditit can influence decisions on financial restatements,
Limitations include cost, time, and potential conflicts of interest, as well as methodological differences that can
Originating in Finnish accounting and governance discourse, the term vastavusauditit is not universally standardized. In international