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See the copyright notice Conditions of use .
In accordance with the decision of the Parliament:
Any person engaged in a business or professional activity shall be subject to accounting obligations. However, the reporting obligations are always:
1) the limited liability company;
(2) the cooperative;
(3) open company;
(4) the limited partnership;
5) the association, the Housing Association and the rest of the Community;
(5a) a registered religious community and its registered local community; (6.6.2003/456)
(6) foundation;
(7) the pension fund;
(8) insurance fund;
(9) mutual insurance company;
10) an insurance undertaking;
(11) in the Investment Fund (480/1987) For the management company under its management;
(11a) in the law on alternative fund managers (162/2014) For an alternative fund managed by an alternative fund manager; (13/04/191)
(12) the staff fund;
13) in the Law on Credit Institutions (1607/1993) And the Law on investment firms and investment firms (19/09/1996) For the investor compensation fund; and (10.07.1998)
(14) the law on the system of values (826/1991) Article 18 The Fund and the liquidation fund referred to in Article 19.
Paragraph 1 shall not apply to the public body, the Nordic Investment Bank, the Nordic Project Export Fund and the agricultural economy operator, unless this is an entity or foundation within the meaning of that paragraph. (30.4.1998/300)
Investment Fund L 480/1987 Has been repealed by the Investment Fund L 48/1999 , L credit institutions 1607/1993 Has been repealed by L for credit institutions 121/2007 , the L value cooperative system 826/1991 Has been abrogated with L for a value-share system and liquidation 749/2012 And L investment firms 579/1996 Has been repealed by L 922/2007 , see Investment services L 747/2012 .
Unless otherwise provided for in this Act, the accounting person shall keep double-checking accounts.
The accounting person shall comply with a good accounting method.
The term of office is 12 months. However, the financial year shall be shorter or longer, but not more than 18 months, in the event of initiation or termination or when the financial year is amended.
All movements of the accounting person shall have the same financial year.
The accounting officer shall be deemed to have control over another undertaking or a comparable foreign undertaking ( Target company ) when it has:
(1) more than half of the voting rights produced by all shares or units of the offeree company, and this majority of votes is based on ownership, membership, statutes, articles of association or comparable rules, or any other agreement; Or
(2) the right to appoint or dismiss the majority of members in the Government of the offeree company or in a comparable institution or institution with that right, and the right shall be based on the same elements as the majority of the votes referred to in paragraph 1.
For the purposes of calculating the voting share referred to in paragraph 1, no account shall be taken of the voting restriction contained in the law or in the statutes of the offeree company, the company contract or the rules comparable to them.
In addition to the provisions of paragraphs 1 and 2, the reporting entity shall be deemed to have control over the target undertaking if it is managed jointly with the target company or by other means of the accounting obligation effectively to exercise control The target company. (30.12.2004)
For the purpose of calculating the total number of votes of the target company, the votes relating to shares or units belonging to the offeree company or to the subsidiary referred to in Article 6 thereof shall be deducted. The number of votes cast by a person acting on behalf of the other person is included in the name of the person acting on behalf of the person.
The voting rights and rights referred to in Article 1 (1) shall not be read in the form of votes relating to, or the right to, the votes relating to:
(1) the shares or units of the offeree company controlled by the accounting officer for the account of any other entity other than himself or of the entity that is controlled by the reporting entity;
(2) the shares or units of the target undertaking received by the reporting entity if the reporting entity has to exercise the rights attaching to them in accordance with the guarantor's instructions; or
(3) the shares or units of the offeree company which are controlled by the reporting entity on the basis of loans under normal business, if the reporting entity is required to exercise the voting rights of the shares or units; In accordance with
(13.07.2001)If the reporting entity has a controlling interest in the target company under Article 5, the former parent company and the latter subsidiary. The parent company and its subsidiaries form a group. The parent company and its subsidiaries are referred to as group undertakings.
The provisions of paragraph 1 shall also apply where the reporting entity, together with one or more subsidiaries, or a subsidiary of a reporting entity, acting alone or in association with other subsidiaries, is controlled by a subsidiary undertaking.
The contact point shall be the non-consolidated domestic or foreign undertaking of the reporting entity, in which the reporting entity holds a holding which creates a permanent link between the reporting entity and the company and is intended to promote: The activities of an undertaking belonging to or with the same group. Unless otherwise indicated by the accounting officer, the undertaking shall be deemed to be a participating undertaking if the reporting entity holds at least one fifth of the share capital of the undertaking or the corresponding capital.
The associate is a participative company in which the reporting entity has a significant influence on the management of business and finance but which does not fall within the scope of the reporting entity. Unless otherwise shown by the accounting officer, the participating undertaking shall be considered as an associate if the accounting obligation holds at least one fifth and not more than half of the voting rights produced by the shares or units of the participating undertaking.
Paragraph 1 shall also apply where, in conjunction with one or more subsidiaries of one or more subsidiaries or a subsidiary undertaking of a reporting entity, the accounting officer, acting alone or in combination with other subsidiaries, has significant influence and Article 7 Of a holding within the undertaking.
For the purposes of calculating the voting rate referred to in paragraph 1, the provisions of Article 5 (2) to (4) shall apply. (13.07.2001)
The accounting professional shall indicate in its accounts the transaction costs, revenue, financial transactions and their adjustment and transfer items.
Transactions shall be recorded in different accounting accounts. Every account must be kept constant in terms of content. However, the content of the account may be changed due to the change in activity, the change in the list referred to in paragraph 2, or any other specific reason.
The accounting system shall have a clear and sufficiently detailed list of the accounting accounts for each financial year, explaining the content of the accounts ( List of accounts ).
The registration criterion is the receipt of the production factor and the basis for the recording of income ( Accrual basis ), unless otherwise specified below.
Expenditure and income may also be recorded on the basis of a fee ( Payment basis ). Where expenditure and revenue are recorded on the basis of a payment criterion, it is possible to continuously check the purchasing debts and the sales receipted.
Transactions must be recorded in chronological order ( Basic accounting ) And in accordance with the Main accounts ).
Payments made with cash shall be entered in chronological order without delay on a daily basis. Other entries may be made on a monthly basis or other similar periodicity within four months of the end of the calendar month or period. (30.12.2004)
Notwithstanding the provisions of paragraph 1, the entries shall be made in a combination of the main accounts as specified by the Ministry of Trade and Industry.
The recording shall be based on a dated and numbered supporting document certifying the transaction. If the basic accounting system does not reflect and it is not clear how the transaction is recorded, the voucher shall bear an indication of the accounts used.
The sample shall identify the production factor received and the deliverable of the income vouchers. The date of receipt of the production factor and the point of delivery of the performance shall be demonstrated by means of a supporting document or its annex or otherwise.
The entity verifying the payment of the payment shall be, if possible, by the beneficiary or the financial institution which transmitted the payment or any other equivalent.
In the absence of a statement from the outside, the entry shall be verified by the accounting authority itself and by a duly verified supporting document.
The verification of the certificate of adjustment and transfer shall be duly verified.
Notwithstanding the provisions of paragraph 1, the repair marking may be made without a separate statement, provided that the link between the original entry and the repair marking is unimpeded. The Ministry of Trade and Industry decides on the conclusion of a correction.
Employment contract law as cash paid in cash (55/2001) of Chapter 2, The receipt or other proof of payment signed by the employee referred to in paragraph 2 shall be dated and attached to the supporting documents in accordance with Article 5 of this Chapter.
Transactions shall be entered in the accounts in such a way as to enable the records to be linked to the basic accounting records and the main accounts and to the profit and loss account and balance sheet as referred to in Section 1 of Chapter 3.
The accounting records shall, subject to Article 8, show either the supporting documents or the accounting entries made on the basis of that statement at all times.
The accounting entries shall be made clearly and indelibly. The bookmarking shall not be removed or made abundantly clear.
The documents and the accounting entries shall be made available to the machinery-based data instrument in a way which, where appropriate, is provided by the reporting entity in a clear language.
Paragraph 1 shall apply, with the exception of the balance sheet reference book referred to in Chapter 3, with the exception of the maintenance of the accounting records. The accounting officer shall retain the supporting documents and the accounting entries made on the basis thereof at the same time as the machinery.
The Ministry of Trade and Industry decides in more detail on the procedure referred to in paragraphs 1 and 2, as well as the reconciliation of accounting records held by means of a machine tool.
The accounting books, accounting documents and other accounting records shall be kept for the purposes of carrying out the accounts, or for the purpose of drawing up the annual accounts and the activity report referred to in Chapter 3, temporarily not in Finland. The decree of the Ministry of Trade and Industry provides for more detailed provisions on the conditions for conservation abroad. (30.12.2004)
A supporting document drawn up in Finland may be exported from Finland if it is a condition for obtaining an advantage based on the activities of a foreign authority. A certified copy of the supporting documents shall be drawn up by the accounting person before taking the voucher from Finland. A copy or its annex shall indicate when, where and for what purpose the supporting documents have been exported. A copy and its annex shall be included in the accounting records kept in Finland and shall be subject to the provisions of the supporting documents. (30.4.1998/300)
Notwithstanding paragraph 1, the supporting documents and other accounting records may be kept permanently in another Member State of the European Community as electronic storage, provided that they can be guaranteed a real-time computer connection and that the data are: To be clearly written into a written form. (30.12.2004)
The accounting records and the list of records bearing the period of use shall be kept for at least 10 years from the end of the financial year, in such a way as to ensure that the way in which the data processing is carried out can be ascertained without difficulty.
The supporting documents for the financial transactions, the correspondence relating to transactions and the accounting records and accounting records other than those mentioned in paragraph 1 shall be kept for at least six years from the end of the year in which the financial year is Finished, supporting documents in order of the order or otherwise, so that the link between the supporting documents and the recordings can be ascertained without difficulty.
At the end of the operation or otherwise, accounting records shall be held by the accounting officer or the holder of the accounting officer, as provided for in this Article, and shall inform the registry authority of whom The preservation is believed.
Notwithstanding the provisions of paragraphs 1 and 2, the Ministry of the Management of the Structural Funds programme of the European Union shall provide for the management of a longer-term storage facility provided for in paragraphs 1 and 2. To the accounting data. (13.07.2001)
A financial statement shall be prepared for the financial year, including:
1) the financial position of the accounting day Balance sheet ;
(2) a description of the Profit and loss account ;
(3) Financial statement , which shall provide an explanation of the acquisition and use of funds during the financial year; and
4) information annexed to the balance sheet, profit and loss account and the financial statement ( Notes ).
Each item of the balance sheet, profit and loss account and financial statement shall be provided with equivalent information for the last financial year ( Comparative information ). Where the breakdown of the balance sheet, profit and loss account or the financial statement has been changed, the reference data shall be adjusted as far as possible. The same must be done if the reference information is not useful for any other reason.
The financial statement referred to in paragraph 1 (3) shall be included in the financial statement referred to in paragraph 1 (3) if:
1) the reporting entity is a public limited liability company; or
(2) the reporting entity is a private limited liability company or cooperative and has been overrun by at least two of the limits referred to in Article 9 (2) for the financial year preceding it.
The financial statements shall be accompanied by an activity report providing information on important developments concerning the functioning of the accounting officer if:
1) securities issued by the reporting entity are securities in the securities field; (445/1989) Subject to the legislation of the European Economic Area under the law of the State of the European Economic Area; or
(2) at least two of the limits referred to in Article 9 (2) have been exceeded for the financial year preceding and immediately preceding the reporting entity.
The report shall assess, in a balanced manner and in a manner consistent with the scope and structure of the functioning of the accounting system, the main risks and uncertainties and other factors contributing to the development of the business-related business As well as its financial position and results. This assessment shall include the main indicators for the understanding of the business and financial position and performance of the reporting entity. To this end, indicators and other information on the personnel and environmental factors and other relevant aspects of the accounting professional activity shall also be presented. Where appropriate, additional information and explanatory notes on the figures reported in the annual accounts shall be provided.
In addition to the provisions of paragraph 5, the activity report shall contain information on the material events in the financial year and after the end of the financial year and an assessment of the likely future developments, as well as a description of the scope of the research and development activities. The accounting officer, which is not obliged under paragraph 4 to attach an activity report to its accounts, may draw up its activity report in such a way that it contains only the information referred to in this paragraph.
The documents forming part of and annexed to the financial statements shall be clear and form a coherent whole.
The financial statements and the activity report shall provide the correct and adequate information on the performance and financial position of the accounting officer ( A right and sufficient image ). For this purpose, the additional information necessary shall be provided in the notes.
The Ministerial Decree of the Ministry of Trade and Industry may provide for when and how to derogate from the provisions on the drawing up of the annual accounts and the activity report with a view to giving a true and fair view.
The principles to be followed in the drawing up of the financial statements and the annual report shall include: (30.12.2004)
(1) the presumption of continuity in the functioning of the accounting system;
(2) consistency in the application of the accounting principles and methods;
(2a) drawing attention to the actual content of transactions and not solely to their legal form ( Content by weight ); (30.12.2004)
(3) prudent management of the results of the financial year;
(4) the statement of accounts based on the balance sheet of the previous financial year;
(5) taking into account the revenue and expenditure of the accounting year, irrespective of the settlement date of the payments based thereon; and
6) separate valuation of each commodity and other balance sheet item.
The prudence referred to in paragraph 1 (3) requires, in particular, that account be taken of the financial statements and the activity report: (30.12.2004)
1) only the profits realised during the accounting year; and
(2) all depreciation and write-downs, as well as any increase in the value of liabilities, as well as any foreseeable liabilities and potential losses arising from the end or earlier financial years, even if they become known only for the financial year After the end.
The principle laid down in paragraphs 1 and 2 shall be waived only for a specific reason, unless the derogation is based on the law or any other provision or order adopted pursuant to it. The information shall include a description of the reasons for the derogation and the calculation of the impact of the deviation on the profit and financial position of the financial year.
The payment-based entries, with the exception of small business transactions and holdings of agricultural holdings, shall be adjusted and supplemented by an accrual basis before the presentation of the annual accounts and the activity report.
The accounts and the activity report shall be presented in Finnish or Swedish in euro. If the reporting entity presents the information provided in the financial statements and the activity report in another currency, the exchange rate used shall be indicated.
The financial statements and the annual report shall be drawn up within four months of the end of the financial year.
The annual accounts and the activity report shall be dated and signed by the accounting officer. If the accounting officer is an entity or a foundation, the financial statements and the annual report shall be signed by the government or by the directors-general or the managing director or other person in a similar position.
Where the signature of the financial statements or the activity report has been expressed by a dissenting opinion on the annual accounts or the activity report, this statement shall be included in the financial statements or in the activity report of his request.
The financial statements and the activity report, as well as the list of accounting books and of the types of supporting documents, as well as the way in which they are kept, shall be written in a tied or directly linked balance sheet, of which the sheets or Shall be numbered. (30.12.2004)
Article 10 (1) of Chapter 2 shall apply to the maintenance of the Tasebook.
A copy of the annual accounts and the activity report shall always be registered with the patent and registration board if the reporting obligation is:
1) the limited liability company;
(2) an open company or a commandiite company with a limited liability company;
(3) an open company or a commandiite company with a responsibility as a liability company for the company referred to in paragraph 2;
(4) the cooperative;
(5) mutual insurance company; or
6) an insurance undertaking.
Paragraph 1 shall also apply to other accounting persons who carry out business if both the end-and immediately preceding the preceding financial year have exceeded at least two of the following limits:
(1) turnover or equivalent yield of eur 7 300 000;
(2) balance sheet total amount of eur 3 650 000;
3) employed on average 50 persons.
If the reporting entity is to draw up consolidated financial statements, the limits laid down in paragraph 2 shall be exceeded or subdued on the basis of consolidated financial statements.
The accounting officer shall report the accounts and the activity report to be registered within six months of the end of the financial year. The time limits for the company and the cooperative are laid down separately.
On the right of patent and registry administrator to provide more detailed provisions on the procedures to be followed for the electronic transmission of financial statements and other technical aspects of the registration procedure Commercial register (129/1979) . (22/02/1326)
The procedure for the publication of the notified annual accounts and of the activity report shall be made separately.
In addition to reporting to registration, the accounting officer may itself publish its financial statements in accordance with Article 1 and its activity report.
The accounting officer may also publish an abbreviation of its accounts or of its activity report, provided that the abbreviation states that it does not contain all the information presented in the annual accounts or activity report in accordance with Article 1.
A copy of the annual accounts and the activity report shall be provided, if the reporting obligation is:
(1) the Housing Association;
(2) housing cooperative;
(3) housing stock companies; or
(4) Housing limited company law (1599/2009) in Chapter 28, Article 2 A limited liability company.
(22.12.2009)The reporting entity referred to in Article 9 (1) and (2) shall, upon request, provide a copy of its accounts and of its activity report if:
(1) two weeks after the adoption of the annual accounts and the activity report; and
2) the request was made before the financial statements and the activity report were declared to be registered.
A copy shall be provided within two weeks of the request. The accounting officer shall have the right to receive a copy of the fee from any other than the authority. The amount of the fee shall not exceed what the registries shall recover from the corresponding copy.
If the accounting records, the accounts, the activity report and the administration are audited, the audit law (17/01/2015) , the accounting officer shall attach a copy of the audit report to its annual report and activity report and to the financial statements and the activity report, which shall otherwise be published by the reporting entity.
Notwithstanding the provisions of paragraph 1, a copy of the audit report may not be included in the abbreviation of the financial statements or activity reports referred to in Article 10 (3). Where an auditor provides a standard statement other than the standard statement referred to in the Law of the Court of Auditors or, on the basis of an audit carried out by an auditor, in accordance with the supplementary information referred to in Article 5 (3) of Chapter 3 or Section 5 (4) of Chapter 3 of the Audit Act, Shall be mentioned in the abbreviation.
L to 17/2015 Article 12 shall enter into force on 1 January 2016. The previous wording reads:
If the accounting records, the accounts, the activity report and the administration are audited, the audit law (209/2007) , the accounting officer shall attach a copy of the audit report to its annual report and activity report and to the financial statements and the activity report, which shall otherwise be published by the reporting entity.
Notwithstanding the provisions of paragraph 1, a copy of the audit report may not be included in the abbreviation of the financial statements or activity reports referred to in Article 10 (3). Where an auditor provides a standard statement other than the standard statement referred to in the Law of the Court of Auditors or, on the basis of an audit carried out by the statutory auditor, the supplementary information referred to in Article 15 (3) or Article 15 (4) of the Law of Note, shall be mentioned in the abbreviation.
The balance sheet breakdown and the breakdown of the notes shall be drawn up to verify the accounts and the activity report. (30.12.2004)
The balance sheet breakdowns and explanatory notes shall be subject to the provisions of Sections 8 and 9 and Article 10 (1) and (3) of Chapter 2.
Balance sheet breakdowns and data breakdowns are not reported to be registered. (30.12.2004)
Turnover consists of the proceeds of the actual operation of the reporting entity, net of the discounts granted and the value added tax and other taxes directly based on sales volume.
Income and expenses arising from the normal and non-recurring and essential events of the normal functioning of the reporting entity shall be deemed to be recognised.
The items corresponding to the balance sheet shall be allocated on the basis of permanent and variable uses. Permanent ones are items which are intended to be produced continuously for several financial years. The other items are variable.
Paragraph 1 has been repealed by L 30.12.2004 1304 .
Current assets are goods intended for release or for processing as such or for processing.
Financial assets are money, receivables and other financial assets in a temporary form.
The acquisition shall consist of variable expenditure on the purchase and manufacture of the commodity.
Where the amount of fixed expenditure relating to the purchase and manufacture of a commodity is material as compared to the cost of the contract referred to in paragraph 1, they shall also be included in the contract.
Where the total amount of the loan under the interest payments and the amount of the portion of the loan in accordance with Article 2 (2) of the available loan is material as compared to the cost of the contract referred to in paragraph 1, Read in addition to the section under paragraph 2, these interest payments. (13.07.2001)
Unless otherwise shown by the accounting officer, the cost of the acquisition of the same kind of assets belonging to the exchange assets shall be determined on the assumption that the commodities have been surrendered in the order in which they were acquired, or that the order of surrender has been In the case of the supply order. The acquisition cost of such assets may also mean the average of actual procurement expenditure, weighted by the corresponding acquisition volumes.
Paragraph 4 shall also apply to securities of the same kind covered by the assets of the balance sheet other than assets.
The accruals are:
(1) payments made during the accounting year or in the previous financial year in respect of expenditure effected on an accrual basis or on an accruals basis in the coming years, unless they are significant in advance payments; and
(2) any revenue arising from an accrual or accrual basis in the period ending or in an earlier financial year, of which no payment has been received, unless they are significant for sales.
Accruals are:
(1) payments received during the accounting year or in the previous financial year for revenue which materially or in a manner equivalent to an accrual basis in the coming years, unless they are entered in advance payments;
(2) expenditure incurred in accordance with an accrual or accrual basis, of which no payment has been made, unless they are significant in purchasing debts; and
(3) expenditure and losses, unless they are entered in mandatory reserves, as provided for in Article 14 (3) of Chapter 5, or deducted from the balance sheet of the asset in question.
Long term is deemed to be obtained or part of a claim due in a longer period of time. Other claims are short-term.
Paragraph 1 shall also apply to the presentation of liabilities as long-term and short-term liabilities.
The income of the financial year is recorded as income in the profit and loss account. The revenue shall be deducted as expenditure which is unlikely to accumulate corresponding to the corresponding income, as well as losses. The other expenditure shall be mobilised in accordance with the provisions of this Chapter.
The following shall be entered:
(1) receivables at nominal value, but not more than likely to value;
(2) assets belonging to financial assets and other financial assets in the form of a capital injection or, where the likely surrender price at the balance sheet date is lower than that; and
(3) liabilities at nominal value or, where the debt is indexed, or any other reference basis, at a higher value than the nominal value of the changed reference criterion.
By way of derogation from Article 2, financial instruments may be valued at fair value. The change in the value of the fair value shall be recorded either as output or expense in the profit or loss account or the fair value fund of the balance sheet. Details of the conditions of fair value valuation, determination of fair value, indication of changes in fair value to the profit and loss account and balance sheet and financial instruments and activity report Shall be provided by a decree of the Ministry of Trade and Industry.
Claims on foreign currency assets and liabilities and other liabilities denominated in foreign currency shall be converted into Finnish currency at the balance sheet date. In the case of foreign currency assets or other liabilities, or other commitments, or otherwise tied to a particular course, they may be converted into Finnish currency in accordance with it. (13.07.2001)
Paragraph 2 has been repealed by L 30.12.2004 1304 .
The income generated by the long-term product shall be recorded as output on the basis of the manufacturing rate. In such a case, the separate cover of the performance shall be reasonably foreseeable. The accounting officer shall follow the same criterion for recording all the revenue referred to herein.
The cost of the acquisition of tangible assets corresponding to the permanent equivalent shall be activated and recorded as depreciation in the action plan.
Expenditure incurred in connection with the acquisition and manufacture of activated procurement shall be capable of being determined by means of a cost accounting or calculation.
In the case of non-material permanent assets, the same species and low-cost items, which are subject to continuous acquisition by the reporting entity, in such a way as to ensure that the changes in the volume and of the aggregate procurement expenditure are limited, From one financial year to another in the balance sheet.
The cost of the acquisition of licences, patents, licenses, trade marks and similar rights and assets which are subject to intangible assets shall be activated. The cost of intangible assets may be activated with special care, subject to Articles 7 to 9.
The procedure referred to in paragraph 1 shall, according to the plan, be deleted within a maximum period of five years, unless this longer depreciation period, but not more than 20 years, may, for a specific reason, be considered to be good In accordance with the accounting system.
The Ministry of Trade and Industry may lay down more detailed provisions on the activation of the acquisition of intangible assets.
At the end of the financial year, the acquisition cost of the remaining assets will be activated. However, if the likely acquisition or disposal of foreign exchange assets is lower at the end of the financial year, the difference shall be recorded as an expense.
Article 5 (2) shall apply to the settlement of the capitalisation of the transfer assets.
In the case of goods or articles of variable assets, the same species and minor items of supply, which are subject to a continuous acquisition by the accounting officer of a limited number of changes in the volume and of the aggregate supply expenditure, shall be obtained from: Enter the balance sheet with the same amount of money from one year to the next.
Expenditure on setting up a business ( Start-up expenditure ) Shall be recorded in the financial year.
Research expenditure shall be recorded for the financial year.
Development expenditure may be activated with special care. According to the plan, activated development expenditure must be removed within a maximum of five years, unless this longer depreciation period, but up to a maximum of 20 years, may, for a particular reason, be considered compatible with good accounting.
The Ministry of Trade and Industry can lay down more detailed provisions on the activation of development expenditure.
The acquisition cost of the goodwill can be activated. The activated goodwill shall be removed within a maximum of five years, depending on the plan or, if the duration of its effect is longer, the duration of action, but not more than 20 years.
The capitalisation of the loan and the related expenditure and the expenditure incurred in connection with the issue of the loan may be activated with special caution. The activated items shall be recognised as expenditure in accordance with the maturity of the loan period, but at least in the same proportion as the loan.
Where long-acting expenditure other than those referred to in Articles 7 to 10 has been activated, they shall be deleted within a maximum period of five years, in accordance with the plan, unless this longer depreciation period, up to a maximum of 20 years, may, for a specific reason, be kept In accordance with the accounting system.
If there is a particular reason for this, the person responsible for accounting shall record any deletions that exceed the plan.
Notwithstanding the provisions of Article 5 (1), Article 5a (2), Article 8 (2) and Articles 9 to 11, the professional and professional accounting officer whose activities are based on the management of the property, the association and the other entity, and the Foundation May remove the permanent contract as an impact without a preconceived plan. (30.12.2004)
If the income that is likely to be accumulated in the future is likely to be retained permanently in the future, the difference shall be recorded as a depreciation expense.
The revenues and losses incurred in the future shall be deducted from their obligations if:
(1) they target the end or the previous financial year;
(2) they shall be considered to be certain or likely to be taken into account when drawing up the accounts;
(3) the corresponding income is neither secure nor likely; and
(4) they are based on a law or a commitment by the reporting entity.
Paragraph 2 has been repealed by L 30.12.2004 1304 .
If the exact amount of the expenditure or loss referred to in paragraph 1 is not known or the date of implementation is not known, it shall be entered in the compulsory reserves of the balance sheet. (30.12.2004)
The expenditure and losses referred to in paragraph 1 shall be credited to the profit and loss account and to the likely amount of the balance sheet. The expenditure and losses referred to in paragraph 3 shall be entered in the profit and loss account and balance sheet at the most likely amount. (30.12.2004)
The depreciation of the corresponding item in the balance sheet shall not be compulsory as a reservation.
The financial statements shall include an investment, operation or other provision.
If, at the end of the financial year at the end of the financial year, a statement of expenditure made on a financial asset in accordance with Article 2, Article 6 (1) or on the permanent balance sheet of the balance sheet proves to be unfounded, it shall be recorded as: For adjustment.
Where a land or water area or a security which is not a financial instrument within the meaning of Article 2 (a), which is not a financial instrument as referred to in Article 2 (a), the probable supply price shall be substantially higher on the balance sheet at the balance sheet date, On the balance sheet, consistency and special care, in addition to the non-delected acquisition cost, shall not exceed the value increase of up to and including the difference between the probable supply price and the removal of the acquisition cost. The amount corresponding to the increase shall be entered into the value added fund of own capital. If the value increase proves to be unfounded, it shall be withdrawn. (30.12.2004)
If the increase referred to in paragraph 1 is subject to shares or units owned by the parent undertaking, the shares or units of the parent undertaking owned by the subsidiary shall be regarded as worthless at the time of the increase. (30.4.1998/300)
Calculations between revenue and the corresponding revenue and expenditure corresponding to the expenditure and the corresponding deductions, as well as those resulting from the temporary differences between the accounting values and the fiscal values The use of tax debt and receivables should be treated with special caution in the statement of income and balance sheet.
The asset shall be transferred from an exchange to the corresponding amount of the corresponding acquisition cost or the lower likely delivery price. The fixed assets are transferred to foreign exchange assets without any corresponding part of the corresponding amount.
The inclusion of a commodity or a professional position in the professional accounting officer's own use shall be recorded in the amount of the non-depreciable acquisition cost or the lower likely delivery price.
The parent company shall be obliged to draw up and include consolidated financial statements in its financial statements if it is:
1) the limited liability company;
(2) an open company or a partnership company with a limited liability company as a liability company; or
(3) an open company or a commandiite company with an open company or a commandiite company within the meaning of paragraph 2.
The consolidated financial statements shall be required to draw up and include a parent undertaking other than the parent undertaking referred to in paragraph 1, with the exception of the self-employed, if it carries out business.
The consolidated financial statements shall not be drawn up if, for the financial year ending and immediately prior to the period immediately preceding it, the parent undertaking and its subsidiaries have been exceeded in a maximum of one of the provisions laid down in Article 9 (2) of Chapter 3. Boundaries. (30.12.2004)
In addition to the provisions of paragraph 3, the consolidated financial statements may not be drawn up if:
(1) An undertaking subject to the legislation of the European Economic Area shall have at least nine tenths of the holding in the parent undertaking;
(2) the other owners of the parent undertaking have given their consent to non-production; and
(3) the annual accounts of the parent undertaking and its subsidiaries are consolidated into the consolidated financial statements of a company governed by the law of the European Economic Area, which is to be registered as provided for in Section 9 of Chapter 3.
Paragraphs 3 and 4 shall not apply where the shares or shares of the group undertaking are the subject of public trading in the securities market or the equivalent of the law of the Member State of the European Economic Area -in an underground stock exchange. (30.12.2004)
The consolidated financial statements shall be drawn up in a combination of the balance sheets and profit and loss accounts of the group companies. The consolidated financial statements shall be drawn up on the same day as the annual accounts of the parent.
A public limited company and a private limited company and a cooperative which is required under this law to draw up consolidated financial statements shall include in the consolidated financial statements the group's financial statement, which shall provide a statement of the group's assets. The acquisition and use during the financial year.
The activity report of the parent company sets out the information referred to in Section 1 (4) of Chapter 3.
The documents forming part of the consolidated financial statements and related documents shall be clear and shall form a coherent whole.
The financial statements of the subsidiary may be excluded from the consolidated financial statements if:
(1) a combination is unnecessary to give a true and fair view of the Group's performance and financial position;
(2) the ownership of a subsidiary is short-term and is intended exclusively for further disposal;
(3) it is not possible to obtain the information necessary for the preparation of consolidated financial statements within the time limit laid down for the preparation of the financial statements or to obtain information entailing excessive expenditure; or
(4) significant and long-term restrictions prevent the parent undertaking from using its influence in the subsidiary.
Where a group consists of a number of subsidiaries within the meaning of paragraph 1 (1), where the absence of a combination of financial statements would result that the consolidated financial statements do not give a true and fair view of the Group's performance, and The financial position of these subsidiaries shall be consolidated in consolidated financial statements.
When drawing up the consolidated financial statements, the same principles must be applied consistently. They can only be changed if there is a particular reason.
The financial statements of the group undertakings shall, before the combination, be amended in such a way as to ensure uniform application of the accounting principles observed in either the parent undertaking or the principal activity of the group. There is a special reason to depart from this.
The consolidated financial statements shall apply mutatis mutandis, as provided for in Chapters 2 and 3 of Chapter 3 and in Chapters 4 and 5.
A Finnish subsidiary in a combination of consolidated financial statements shall have the same financial year as the parent undertaking.
If the financial year of a subsidiary undertaking a combination of consolidated financial statements shall end up to three months before the end of the financial year of the parent undertaking or up to three months after the end of the financial year of the parent undertaking, together with consolidated financial statements May be carried out without any intermediate decision being drawn up. In such a case, the consolidated financial statements shall provide additional information on events that are important for the assessment of the financial position and performance of the subsidiary and which have occurred between the subsidiary and the parent company.
In the case referred to in paragraph 2, the consolidated financial statements shall be combined with a direct decision of the subsidiary which shall be drawn up for the end of the financial year of the parent undertaking. The provisions of Char 1 and Articles 1 and 3 to 5 shall apply mutatis mutandis.
The balance sheet items of a foreign subsidiary shall be converted into the consolidated financial statements of the Finnish currency using the balance sheet date and the profit and loss account items using the middle course of the financial year. The data shall be converted in the same way as the balance sheet and profit and loss account. Other methods of conversion consistent with good accounting are also applicable.
The consolidated financial statements shall include the result of the group and the financial position as consolidated by the group companies. The impact of the group's internal components on the inter-group business is eliminated.
The calculation of the consolidated balance sheet shall reduce the intra-group income and expenses and the internal profit distribution. Contributions by non-group companies to the results of subsidiaries shall be recorded in the consolidated balance sheet ( Minority interest in the consolidated balance sheet ). In addition, changes in the internal margins of the group companies' balance sheets during the accounting year shall be deducted.
When establishing a consolidated balance sheet, the mutual claims and liabilities of group undertakings and the group's internal margins shall be deducted from the balance sheet of the group companies. Shares equivalent to those in subsidiaries other than group undertakings shall be included in the consolidated balance sheet ( Minority share in group balance ).
Intra-group income and expenses and internal profit distribution, intra-group claims and liabilities, as well as changes within the group, may be excluded if a reduction is not necessary for the right and adequate picture On the Group's performance and financial position.
Accrued difference between tasks and plans under the plan ( Depreciation differential ) And voluntary provisions are recorded in the consolidated balance sheet divided into equity and imputed tax debt, and their change in the consolidated balance sheet divided by the change in the deferred tax liability and the result of the financial year. (30.4.1998/300)
Notwithstanding the provisions laid down in paragraph 5, the reporting obligation shall include depreciation and voluntary provisions on the consolidated balance sheet, without allocating them to equity and imputed tax debt, and their conversion to the consolidated balance sheet The change in the deferred tax liability and the result of the financial year, if not more than one of the limits laid down in Article 1 (3) has been exceeded for the financial year ending and immediately preceding it. (13.07.2001)
The ownership of shares or units in the group's internal subsidiary is eliminated by subtracting the cost of the acquisition and the amount of equity held by the subsidiary at the acquisition date of the subsidiary. The equity capital of a subsidiary is also included in the calculation of depreciation and voluntary reserves. A derogation from the preceding sentence may be waived if the reporting entity complies with the procedure laid down in Article 7 (6). (13.07.2001)
If the shares or units of the undertaking were acquired in the group's ownership before it became a subsidiary, they would be eliminated on the basis of the date on which the company became a subsidiary. The cost of the acquisition of shares and units may also be eliminated on the basis of equity which is demonstrated by the balance sheet of the subsidiary for the first time if this procedure does not have a material impact on the provision of a true and fair view The result and financial position of the group. (13.07.2001)
If, in accordance with paragraph 1, the acquisition of shares or units is higher than the corresponding equity capital, the residual item shall be allocated ( Group activity ) In accordance with the participation of the group in the assets and liabilities of the subsidiary for which the group activity is considered to be due.
If, in accordance with paragraph 1, the acquisition cost of shares or units is less than the corresponding equity capital, the balance shall be allocated ( Group passport ) In accordance with the group's holding, the assets and liabilities of the subsidiary which are considered to be attributable to the group passport.
Part of the group activity which cannot be allocated in accordance with paragraph 3 ( Group value, ), must be removed within a maximum period of five years or, if the duration of its action is longer than that, within a maximum period of 20 years. Part of the group passive which cannot be allocated in accordance with paragraph 4 ( Group reserve ), indicate the output to the consolidated balance sheet when the corresponding expenditure or loss is recognised as an expense for the profit or loss account of the subsidiary or when it is equivalent to a realised return.
Notwithstanding the provisions of Article 8, the ownership of shares or units of a subsidiary within a group of subsidiaries may be eliminated by subtracting the cost of their acquisition and the amount of the group's share of the share, share or equivalent of the subsidiary. Capital, if:
(1) group undertakings account for at least nine tenths of all shares or shares of the subsidiary, excluding shares or units owned by the subsidiary;
(2) the shares or shares of the subsidiary have been acquired in such a way that the parent company has issued new shares or units in return for their consideration;
(3) the amount of any cash consideration that may have been paid for the shares or shares of the subsidiary has been up to one tenth of the nominal value of the shares or units of the parent undertaking referred to in paragraph 2; and
(4) the subsidiary and the parent undertaking are not substantially different in size or function.
The ratio referred to in paragraph 1 (1) and (3) shall be calculated from the carrying amount of the capital equivalent to shares or units if these shares/units do not have a nominal value.
If, in accordance with paragraph 1, the acquisition of shares or units is higher than the corresponding capital, the residual category shall be identified as a reduction in the group's equity. If the cost of the acquisition is lower than the corresponding capital, the residual category shall be added as an additional capital of the group.
The shares or other equity of the parent listed in the balance sheet of the subsidiary shall also be included in the consolidated financial statements.
Paragraph 1 shall apply mutatis mutandis to the own shares or units entered in the balance sheet of the parent undertaking.
If, as a result of a combination of measures, the result of the group is substantially higher or less than the results of the consolidated financial statements, the direct taxes for the financial year and the preceding financial years shall be adjusted and Complement, in the light of the Group's result, prior to the consolidated financial statements, to the extent that the tax effects on the group companies are to be regarded as manifest.
The consolidated financial statements shall combine the participation of the group companies with the profit or loss of the participating undertaking and the change in equity, as provided for in Article 13.
The financial statements of the associated undertaking may not be aggregated into consolidated financial statements if the combination is not necessary to give a true and fair view of the Group's performance and financial position.
The accounts of the associated companies shall be amended, if possible, before a combination within the meaning of Article 4 (2). The conversion of the accounts of a foreign affiliate to Finland shall be subject to the provisions of Article 6.
Where the financial statements of the associate are consolidated for the first time in the consolidated financial statements, the consolidated balance sheet shall indicate the cost of the acquisition of the shares or shares of the associate. In the case of a consolidated balance sheet, the difference between the share of the shares or the acquisition cost of the shareholding is to be reported by deducting the corresponding share of the ownership of the equity capital of the associate in the latter's own capital. By way of derogation from this Article, the acquisition cost of the shares or units of the associated undertaking shall be given as a share of the share capital of the participating undertakings in the form of its own capital, as well as the attached information. The difference between the group active or the group passport. (13.07.2001)
The difference referred to in paragraph 2 may also be calculated on the basis of the acquisition date of the shares or units of the participating undertaking on the basis of equity or, where they were acquired by the group, before the accounting entity became an associated undertaking, its The date on which it became an associate company.
Where the financial statements of the associate company are consolidated for the first time after the consolidated financial statements are included in the consolidated balance sheet, in addition to the acquisition of the shares or units of the participating undertaking, the share corresponding to the group's shareholding The profits or losses after the first inclusion. The acquisition shall be deducted from the dividends received by the group undertakings in the course of the transaction, or other equivalent profit shares. The amount of the participation of the group companies in the profit of the participating undertaking for the financial year shall be recorded as output of the consolidated balance sheet and the corresponding amount for the loss.
The equity company's own capital, as referred to in paragraphs 2 to 4, shall also include the sum of the accumulated depreciation and the optional reserves, minus the deferred tax liability. For the purposes of calculating the profit or loss of the associated undertaking referred to in paragraph 4, the change in the depreciation and optional reserves shall be taken into account, minus the modification of the deferred tax liability. A derogation from the preceding sentence may be waived if the reporting entity complies with the procedure laid down in Article 7 (6). The same applies to the calculation of the profit or loss of the associate. (13.07.2001)
In accordance with paragraphs 2 and 3, the portion of the acquisition of the shares or units of a participating undertaking exceeding the equity ratio which cannot be allocated to the assets or liabilities of the participating undertaking shall be removed as follows: Article 8 (5) The first sentence provides. The portion of the portion of the acquisition cost below which cannot be allocated in a manner which is not allocated shall be recorded as output in the consolidated balance sheet as provided for in the second sentence of the said paragraph.
For the purposes of Article 7 (2) and (3), a combination of the financial statements of the associated company shall take into account the amount corresponding to the group's participation in the supply of commodities between the participating undertaking and the group undertakings. On activated roofs and changes in these margins during the accounting year, if the necessary information is available for that purpose. These internal margins and their changes may be excluded if a reduction is not necessary to give a true and fair view of the Group's performance and financial position.
For the purposes of the consolidated financial statements of the consolidated financial statements of the consolidated financial statements, the associated undertaking shall provide the information necessary for its last annual accounts.
Where a group of undertakings whose accounts are consolidated with consolidated financial statements are held with one or more other owners whose financial statements are not linked to the same consolidated financial statements, the management of the associated undertaking, The associated undertaking ( Joint Undertaking ) Balance sheet and profit and loss account items, together with their accompanying information, in accordance with the shareholding of the group enterprise. (30.12.2004)
Where the financial statements of the Joint Undertaking are consolidated in accordance with paragraph 1, the provisions of Articles 4 and 6 to 8 shall apply mutatis mutandis.
Where a joint undertaking draws up and includes consolidated financial statements in its financial statements, Articles 12 to 15 shall apply to the information of the consolidated financial statements.
Articles 17 to 18 have been repealed by L 30.12.2004 1304 .
The combination of the consolidated financial statements shall be maintained as provided for in Article 10 (1) of Chapter 2.
Unless otherwise provided for in this Chapter, the profession of profession is not obliged to keep two-fold accounts, but shall, where applicable, comply with the other provisions of this Act.
The accounts of the profession are recorded as transactions, interest and taxes, as well as income received, as well as the use of goods and services.
Transactions in the profession shall be recorded in a tied book or, immediately after the completion of the financial statements, in a tied accounting book, if the accounts are kept in a machine-readable manner or otherwise in such a way that the tied book cannot be used. The page or opening of the book shall be numbered.
The financial year of the profession is the calendar year. The financial year shall be shorter or longer, but not more than 18 months, at the time of initiation or termination. In the case of a professional application of two-fold accounting, the financial year shall be determined in accordance with Chapter 1, Section 4. (30.12.2004)
The financial statements shall be drawn up within two months of the end of the financial year.
It is not necessary for the profession to draw up a balance sheet, but to include in the accounts the lists of assets acquired for the purposes of the occupation at the end of the financial year and the same as those of the professional Assets and liabilities and reserves.
The financial statements of the profession shall indicate the income generated during the accounting year of the profit and loss account, as well as the use of goods and services as outputs. The revenue shall be reduced by a sufficient amount of expenditure, interest, depreciation and taxes. However, the breakdown of the cost of acquisition and maintenance of assets and of other long-acting expenses shall be taken into account as provided for in Chapter 5. A reservation may be made for corresponding expenses or losses.
The accounting books and supporting documents of the profession shall be kept in this country for at least six years from the end of the year during which the financial year has expired.
International accounting standards are defined in this Act and by the provisions adopted pursuant to this Act in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council on the adaptation of international accounting standards The standards and interpretations adopted in accordance with the procedure in the Community.
The securities depository whose securities are issued by the securities market or the equivalent to trading in securities issued by the European Economic Area under the law of the European Economic Area, Shall draw up consolidated financial statements in accordance with international accounting standards.
If the reporting entity referred to in paragraph 1 is not required under this law to draw up consolidated financial statements, it shall draw up its accounts in accordance with international accounting standards.
The accounting officer referred to in Article 2 (1) may draw up its accounts in accordance with international accounting standards.
The accounting officer, other than those referred to in Article 2, may draw up its financial statements or consolidated financial statements in accordance with international accounting standards, subject to the accounting records, the accounts, the activity report and the management of the accounting officer. In accordance with the auditing law. (13.4.2007)
Articles 4, 7 and 8 of Chapter 1, Article 1 (1) to (3) and (7) and Articles 2 to 4, 4 and 5 of Chapter 3 and Articles 2 to 4, paragraphs 1, 2 and 4 and Articles 3 to 16 of Chapter 6 shall not apply to the financial statements and consolidated financial statements drawn up pursuant to Articles 2 and 3.
A decree of the Council of State may provide that the financial statements and consolidated financial statements drawn up in accordance with international accounting standards shall provide additional information that the standards do not require.
The Ministry of Trade and Industry monitors compliance with this law, unless otherwise specified below. The Ministry shall have the right to obtain the information necessary for the supervision of the accounting system. The police are obliged to provide assistance to the Ministry under the supervision of this law.
The Government of Patents and Registration shall monitor compliance with the reporting obligation referred to in Section 9 of Chapter 3. In the event of non-compliance, the Government of the patent and the registries shall be obliged to sign, under Article 7 of Chapter 7, the financial statements, in the event of a fine, to submit the financial statements within the time allotted to it. The penalty payment is valid, as in the case of the threat acolysis (1113/1990) Provides. The decision to impose a penalty payment shall not be subject to appeal.
Financial supervision shall monitor compliance with this law:
(1) credit institutions and financial institutions within the meaning of the law on credit institutions and their consolidation groups;
2) Law on the composition of deposit banks (599/2010) Within the central Community; (24.6.2010/610)
(3) the Deposit Guarantee Fund and the Deposit Guarantee Fund, as referred to in the law on credit institutions, as well as the investor compensation fund referred to in the law on investment firms;
(4) the law on investment firms (1922/2007) For investment firms and financial institutions belonging to their consolidation groups;
(5) management companies and investment funds referred to in the Investment Fund Act;
(5a) alternative fund managers and alternative funds referred to in the Law on Alternative Fund Managers; (13/04/191)
(6) trade in standardised options and forward transactions; (772/1988) In the educational communities referred to;
(7) in the payment institutions law (197/2010) In the relevant payment institutions;
(8) Insurance Companies Act (18/0/2008) In the case of insurance companies;
(9) by law on occupational pension insurance companies; (354/1997) In the case of occupational pension insurance companies;
(10) Law on foreign insurance companies; (398/1995) In the case of foreign insurance companies;
(11) in insurance undertakings; (180/1987) In the case of insurance undertakings;
(12) insurance fund (16/04/1992) In the insurance funds referred to;
(13) in the Pensions Act; (1774/1995) In the field of pension funds referred to;
14) In the Law on the Pension Protection Centre (197/2006) At the Pension Security Centre;
(15) The farmer in the Pensions Act (1280/2006) For the purpose of the pension scheme of the farmers concerned;
16) in the sea of seamen (1290/2006) In the case of seamen's pension funds;
17) by law on insurance mediation (12/07/2005) In the form of insurance intermediaries;
18) in the transport insurance law (279/1959) Within the transport insurance centre;
19) in the case of patients (185/1986) In the patient insurance centre;
(20) accident insurance law (608/1948) For the Association of Accident Insurance Institutions;
(21) The Law on Environmental Insurance (1998) Referred to in the Environmental Insurance Centre;
(22) Law on the State Pension Fund (1297/2006) In the pension fund referred to;
(23) in municipal pensions (2003) In the local pension institution;
(24) the unemployment fund (603/1984) In the area of unemployment;
(25) Law on the financing of unemployment benefits (185/1998) The unemployment insurance fund;
26) The Law on the Training Fund (1306/2002) Within the Training Fund;
(27) insurance undertakings within the meaning of the Insurance Companies Act and the Insurance Association;
(28) Law on the supervision of financial and insurance groups; (699/2004) The holding entity of the group referred to;
(29) In accordance with the provisions of the Financial Supervisory Act, (878/2008) Article 37 Details are provided.
(30.4.2010/304)Paragraph 4 has been repealed by L 30.4.2010/304 .
L investment firms 922/2007 Has been repealed by the Investment Service 747/2012 . L commerce through standardised options and forwards 772/1998 Has been abrogated with L for trading in financial instruments 748/2012 . The accident insurance L has been repealed by L 42/2015 , which is valid from 1 January 2016. See: Industrial accident and occupational disease 459/2015 Chapter 28 . The Ministry of Trade and Industry has been replaced by the Ministry of Employment and the Economy. See: L to delegate certain tasks to the Ministry of Employment and the Economy 971/2007 And the L State Council 175/2003 chapter 1 Article 11 .
In the case of the Ministry of Trade and Industry, there is an accounting board, which may issue instructions and opinions on the application of this law on application by the authorities, traders or local authorities or the accounting officer.
For specific reasons, the Accounting Board may, for specific reasons, grant derogations from Section 6 of Chapter 3 and Article 5 (1) of Chapter 6. The granting of an exemption is conditional on non-compliance with the provisions of the financial statements of the European Communities and the consolidated financial statements. In addition, the Accounting Board may grant derogations from Article 9 (1) of Chapter 2, as laid down in more detail by the decree of the Ministry of Trade and Industry. (30.12.2004)
Paragraphs 1 and 2 shall not apply to the reporting obligations referred to in Article 1 (3) (1) to (28) and to any other accounting obligation of the accounting officer referred to in Article 1 (3) (1) to (28). , the application of international accounting standards. Notwithstanding the above, the Accounting Board may, notwithstanding the above, give opinions on the application of the standards to financial supervision for the purposes of the supervisory function referred to in Article 1 and Article 37 of the Financial Supervision Act To the reporting entity that has requested an opinion within the meaning of the law. (30.4.2010/304)
The Accounting Board shall be composed of the Chairperson and the Vice-Chair and at least six and a maximum of ten other members, who shall be determined by the Council for a period of three calendar years. Apart from the Chairperson, each member shall be appointed in the same way. The members of the Accounting Board must be very familiar with the accounts. In addition, one member and his deputy are required to have a degree in law.
A quorum shall be quorum when the meeting is attended by the Chairperson or the Vice-Chair and at least half of the other members. At least one of the present applications for exemption applications referred to in paragraph 2 shall be a degree in law degree. (30.12.2004)
The Accounting Board shall have the municipal assembly and the IFRS Division. Other permanent or fixed-term sections may be assigned to the Accounting Board. The divisions may be invited to include members outside the accounting board. The composition, composition, setting and quorum of the sections of the Accounting Board are laid down in more detail by a decree of the Council of Ministers. (30.12.2004)
The office of the Ministry of Trade and Industry may be established as Secretary of the Accounting Board.
No appeal shall be made to the decision of the Accounting Board.
A member of the Accounting Board and the person who carries out the supervisory function of the law shall benefit from the law of the public authorities (18/09/1999) Notwithstanding the obligation of professional secrecy to provide information obtained under this Act for the purpose of carrying out the activities of the reporting entity or of any other business or professional secret or of any kind of financial position or personal circumstances; The investigating authority and the prosecutor to investigate the offence.
Every deliberate or gross negligence
(1) fails to comply with accounting entries within the time limit laid down in Article 4 (2) of Chapter 2;
(2) fails to comply with the obligation referred to in Article 5 (a) of Chapter 2 to be accompanied by an acknowledgement of receipt or other proof of payment, signed by the employee in cash, in cash paid in cash, in accordance with Chapter 2, Section 5,
(3) contrary to Article 9 of Chapter 2, to retain accounting records abroad,
(4) fails to comply with the depositary obligation under Chapter 2, Section 10; or
(5) fails to comply with the notification requirement referred to in Article 9 of Chapter 3;
Must be condemned unless an offence is punishable under criminal law (39/1889) (9, 9 a or 10) as an accounting crime within the meaning of Articles 9, 9 (a) or 10, as a gross accounting offence, or as a gross accounting offence, and the act in any other law provides for a more severe penalty; On accounting offences Fine.
The punishment will not be judged if the offence is minor.
This law shall be without prejudice to accounting and accounting requirements and to the publication of the financial statements and the activity report, which are expressly provided for elsewhere by law or by the relevant authority under any other law; or -ordered.
More detailed provisions concerning the balance sheet and profit and loss account patterns, the activity report, the financial statement, the notes to the financial statements, the corresponding formulae, documents and notes relating to the preparation of consolidated financial statements, and The balance sheet breakdowns and the breakdown of the notes are issued by the Government Decree.
The decree of the Ministry of Trade and Industry may revise the limits referred to in Article 9 (2) of Chapter 3 to meet the changes in value of money or to comply with an international agreement which is binding on Finland.
This Act shall enter into force on 31 December 1997.
It repeals the accounting law of 10 August 1973 (655/1973) With its subsequent modifications. Regulation of 19 October 1973 on the Accounting Board (784/1973) Remain, however, with the exception of Article 8 (3). In addition, the accounting regulation of 30 December 1992 (1575/1992) .
Before the entry into force of this Act, measures may be taken to implement the law.
This law shall apply for the first time in the accounts for the financial year starting on or after 1 January 1998. The accounting officer may apply this law to the accounts for the financial year in which the law enters into force. The company referred to in Article 9 (1) (1) to (3) of Chapter 3 may apply the provisions in force at the time of entry into force of this Act for a financial year ending on or before 30 June 1999, and other accounting obligations Its accounts for the financial year ending on or before 31 December 1999. (30.4.1998/300)
Notwithstanding the provisions of Article 17 of Chapter 5 of this Act, the accounting obligation may not be presented separately before the value added in 1974. In addition, the reporting entity may apply the provisions in force before the entry into force of this Act.
Expenditure on research and development, which has been activated before the entry into force of this Act, may be removed in accordance with the provisions in force at the time of entry into force of this Act.
Notwithstanding the provisions of Article 18 of Chapter 6 of this Act, prior to the entry into force of this Act, the provisions in force in force on the date of entry into force of this Act shall be applied to financial leases and leases.
Notwithstanding the provisions of Article 8 (1) and Article 13 (5) of Chapter 6 of this Act, before the entry into force of this Act, the provisions in force for subsidiaries and associated companies acquired before the entry into force of this Act may be applied.
Expenditure resulting from the pension commitments of the accounting officer before the entry into force of this Act shall be recorded in the annual accounts of the financial year ending 31 December 2000 at the latest. Where expenditure arising from pension commitments is not recorded in the financial statements, the exposure resulting from the pension commitments and the amount outstanding to the pension fund shall be given in the form of information.
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. 60This Act shall enter into force on 15 May 1998. However, Article 2 (1) of Chapter 9 shall apply from 31 December 1997.
THEY 8/1998 , TaVM 5/1998, EV 27/1998
This Act shall enter into force on 1 September 1998.
THEY 56/1998 , TaVM 11/1998, EV 56/1998
This Act shall enter into force on 1 December 1999.
30/1998 , Case 31/1998, EV 303/1998
This Act shall enter into force on 31 December 2001.
The law shall apply for the first time in the accounts for the financial year starting on or after 1 January 2002. The accounting officer may apply this law to the accounts for the financial year in which the law enters into force.
THEY 189/2000 , TaVM 10/2001, EV 81/2001
This Act shall enter into force on 31 December 2001.
The law shall apply for the first time in the accounts for the financial year starting on or after 1 January 2002. The accounting officer may apply this law to the accounts for the financial year in which the law enters into force.
THEY 176/2001 , TaVM 21/2001, EV 217/2001
This Act shall enter into force on 1 April 2003.
THEY 53/2002 , LaVM 18/2002 EV 183/2002
This Act shall enter into force on 1 January 2004.
THEY 266/2002 , VaVM 43/2002, EV 285/2002
This Act shall enter into force on 1 August 2006.
The accounting obligation under this law shall apply for the first time after the entry into force of the law for the first financial year beginning.
Before the law enters into force, measures may be taken to implement the law.
THEY 170/2002 , 10/2002, EV 280/2002
This Act shall enter into force on 31 December 2004. The law shall apply for the first time in the accounts for the financial year starting on or after 1 January 2005, unless otherwise specified below.
This Act repeals the Ministerial Decision of the Ministry of Trade and Industry of 21 October 1998 on the drawing up of consolidated financial statements in accordance with the general rules of the international capital markets (04/09/1998) Decision of the Ministry of Trade and Industry of 26 January 1998 on the labelling of the item leased to the group at the consolidated financial statements on 26 January 1998 (1998) .
3. The accounting officer may apply this law to the accounts for the financial year in which the law enters into force.
4. However, Article 2 (2) of Chapter 7a on the mandatory application of international accounting standards shall only apply to the accounting obligation, except for the financial year starting on or after 1 January 2005. In the case of securities issued by persons whose securities are issued only by way of public trading, that Article shall only apply from the financial year starting on or after 1 January 2007.
5. The accounting officer, who, when the entry into force of this Act, is entitled to draw up consolidated financial statements under the decision of the Ministry of Trade and Industry, may draw up its consolidated financial statements In accordance with the Decision, for the financial year ending no later than 31 December 2004.
6. The expenditure on basic and research activities, which have been entered in the balance sheet before the entry into force of this Act, may be removed in accordance with the provisions in force at the time of entry into force of this Act.
7. Value adjustments made before the entry into force of this Act may apply to those provisions which were in force when this Act entered into force.
8. The provisions of the law governing the annual accounts to be drawn up under the Accounting Act shall apply mutatis mutandis to the activity report, unless otherwise specified otherwise.
THEY 126/2004 , TaVM 29/2004, EV 228/2004, Directive 2001 /65/ec of the European Parliament and of the Council, OJ L 283, 27.10.2001, p. 28, European Parliament and Council Directive 2003 /51/EC; OJ L 178, 17.7.2003, p. 16, Regulation (EC) No 1606/2002 of the European Parliament and of the Council; OJ L 243, 11.9.2002, p. 1, Council Directive 2003 /38/EC; OJ L 120, 15.5.2003, p. 22
This Act shall enter into force on 1 January 2005. Before the entry into force of this Act, measures may be taken to implement the law.
THEY 209/2004 , No 30/2004, EV 229/2004
This Act shall enter into force on 31 December 2006.
THEY 193/2006 , TaVM 20/2006, EV 222/2006, Directive 2003 /58/EC of the European Parliament and of the Council (32003L0058); OJ No 221, 4.9.2003, p. 13
This Act shall enter into force on 1 July 2007.
THEY 194/2006 , TaVM 33/2006, EV 293/2006, Directive 2003 /51/EC of the European Parliament and of the Council (32003L0051); OJ L 178, 17.7.2003, p. 16
This Act shall enter into force on 1 July 2010.
THEY 24/2009 , YmVM 10/2009, EV 206/2009
This Act shall enter into force on 1 May 2010.
THEY 172/2009 , TaVM 5/2010 EV 39/2010
This Act shall enter into force on 1 July 2010.
THEY 243/2009 , TaVM 6/2010, EV 40/2010
This Act shall enter into force on 1 July 2013.
THEY 24/2013 , TyVM 4/2013, EV 66/2013
This Act shall enter into force on 15 March 2014.
THEY 94/2013 , TaVM 38/2013, PeVL 43/2013, EV 4/2014, Directive 2011 /61/eu of the European Parliament and of the Council; (32011L0061); OJ L 174, 1.7.2011, p. 1
This Act shall enter into force on 1 January 2016.
THEY 254/2014 , TaVM 34/2014, EV 371/2014
