Advanced Search

Regulation On The Accounting Board

Original Language Title: Asetus kirjanpitolautakunnasta

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.

Regulation on the accounting board

See the copyright notice Conditions of use .

The presentation of the Minister for Trade and Industry is laid down in the Accounting Act of 10 August 1973 (655/73) Pursuant to:

ARTICLE 1

In addition, the Board of Accounting shall be responsible for the tasks set out in Article 34 (1) and Article 35 of the Accounting Act:

(1) provide, through the Ministry of Trade and Industry, general advice and guidance on the application of the accounting law and keeping the accounts, when the Board considers that there is a need to do so in order to promote a uniform accounting system;

(2) make any representations to the Minister for Trade and Industry and at the request of the Minister for Trade and Industry to deliver opinions on the issues referred to in paragraph 1.

§ 1a (19.5.1995/8)

The Accounting Board shall have a municipal chamber, which shall carry out (365/95) And the tasks assigned to it by the Accounting Board.

The Board of Municipality shall be composed of the President, the Vice-President and four other members appointed by the Ministry of Trade and Industry for a term of office. One of the members is the Ministry of the Interior, one of the Ministry of Finance, one from the Ministry of Trade and Industry and three from the municipal administration. The Presidency is chaired by a member of the Ministry of Interior and Vice-President of the Ministry of Trade and Industry. The Chair, the Vice-President and each member shall be appointed in the same way. At least two of the members shall be a member or an alternate member of the Accounting Board.

A quorum shall exist in the presence of the Chairperson or Vice-Chairperson and at least half of the other members.

What is hereinafter referred to as the 'Accounting Board' shall also apply to the Chamber of Municipalities. A copy referred to in Article 9 (1) and the report referred to in Article 10 shall also be forwarded to the Ministry of the Interior.

Article 1b (30.12.2004)

The Accounting Board has IFRS, which is responsible for issuing opinions on the application of international accounting standards, in accordance with the accounting law and the Law on Financial Supervision (587/2003) Shall be further laid down and the other possible tasks assigned to it by the Accounting Board.

The IFRS shall consist of a Chairperson, a Vice-President and at least four and a maximum of six other members appointed by the Ministry of Trade and Industry for a term of office. Each member shall be appointed by the Ministry, with the exception of a personal alternate. Members of the Chamber must be very familiar with international accounting standards.

The IFRS shall have a quorum when the Chairperson or Vice-Chairperson is present and at least half of the other members.

As provided for in the Accounting Board, the IFRS Division is also applicable.

Article 1c (19.5.1995/8)

The Accounting Board may set up a fixed-term section to prepare the matters referred to it by the panel and to carry out the other tasks assigned to it by the panel. The Accounting Board may authorise the Chamber for a limited period or in an individual case to issue opinions and to grant derogations, except in matters falling within the competence of the Board, with the exception of fundamental and accounting practices. Issues.

The Executive Committee shall consist of a chairman and at least three and a maximum of six other members appointed by the Accounting Board from among its members or alternates, for a term of up to the term of office of the accounting board.

The Qualified Chamber shall be quorum when the President is present and at least half of the other members.

ARTICLE 2 (19.5.1995/8)

The exceptions referred to in Article 35 of the Accounting Act may be applied by a professional or business organisation or a local authority.

ARTICLE 3

An application to issue a guideline or opinion and to grant an exemption or authorisation shall be made in writing. The application for a derogation from the accounting rules must be submitted in time for the decision to be taken before the accounting law has to be concluded. An application to be submitted or sent to the Registry of the Ministry of Trade and Industry shall, as a matter of necessity, indicate the question on which the guide, opinion or exception is sought, as well as the manner in which Article 8 (5) of the Accounting Act The documents referred to in Article 14 (2), Article 24 (3) and Article 25 shall be retained. (19.5.1995/8)

The application shall be accompanied by the necessary explanation of the case available to the applicant.

§ 4

The Accounting Board shall meet at the invitation of the Chairperson or, in the event of an invitation by the Chairperson, or if half of the other members so request.

In the event of disagreement, the opinion which most needs to be considered to have been supported by the panel, as well as the weighting of votes, is the opinion which the Presidency has supported.

§ 5

The presentation by the Board of the items to be discussed by the Accounting Board shall be forwarded by the secretaries taken by it.

Before the presentation, the secretary must prepare the matter. To that end, he shall obtain the necessary explanations and statements. The Board of Appeal shall be entitled to use the assistance of experts.

ARTICLE 6

The Accounting Board may also consult the applicant or the expert orally.

§ 7

The objectivity of the Chairperson of the Accounting Board and of the other members and of the secretary shall apply mutatis mutandis to what is provided for by the referee.

§ 8

At the meeting of the Accounting Board, the minutes shall be kept and the decisions taken, the decisions taken and the decisions of the panel shall be taken and the President and the Secretary shall sign. The addressee of the decision shall be signed by each member of the Board and certified by the Secretary. The dissenting opinion of a Member and of the secretary shall be attached to the cut-off.

The decision-making bodies of the applicant and the other Boards of the Board shall be signed by the Chairperson and certified by the Secretary.

Paragraph 3 is repealed by the Accounting L 30.12.1997/1336 Which entered into force on 1 January 1998.

§ 9

A copy of the decision of the Accounting Board shall be given to the Ministry of Trade and Industry and to the tax regime, as referred to in Article 35 of the Accounting Act.

The Accounting Board may submit a copy of its decision to the authority referred to in paragraph 1 and to publish a report on when it considers the decision to be of general interest.

ARTICLE 10

Within three months of the end of the calendar year, the Accounting Board shall report to the Ministry of Trade and Industry a report on its activities.

ARTICLE 11 (9.6.1989/548)

The basis for the remuneration of the chairman of the Accounting Board, the member, the secretary and the experts' fees and travel expenses shall be established by the Ministry of Trade and Industry.

Before fixing the premiums, the Ministry of Finance should be given an opportunity to make a statement.

ARTICLE 12

This Regulation shall enter into force on 1 January 1974. In the meantime, the measures necessary for the implementation of the Regulation may be adopted.

Entry into force and application of amending acts:

9.6.1989/548

This Regulation shall enter into force on 1 July 1989.

19.5.1995/810:

This Regulation shall enter into force on 1 June 1995.

Before the entry into force of this Act, measures may be taken to implement it.

ON 30.12.1997/1336:

THEY 173/1997 , TaVM 32/1997, EV 202/1997, Council Directive 78 /660/EEC; OJ L 222, 25.6.1978, p. 11, Council Directive 83 /349/EEC; OJ L 193, 13.6.1983, p. 1, Council Directive 90 /604/eec, OJ L 317, 8.11.1990, p. 57, Council Directive 90 /605/eec, OJ L 317, 8.11.1990, p. 60

ON 30 DECEMBER 2004,

This Regulation shall enter into force on 1 January 2005.