Audit support and internal control review
Preparation of the audit file and reconciliations an appointed auditor requires, and review of the internal controls behind your bookkeeping. Statutory audit itself is reserved to authorised auditors and is not carried out here.
What the work involves
Audit-ready working papers, account reconciliations and supporting schedules, resolution of auditor queries, and a review of approval limits, segregation of duties and reconciliation routines in your finance process. Where the two-year statutory test in the Auditing Act (1141/2015) means an auditor must be elected, we prepare for that appointment and work alongside the auditor you choose.
What you receive
- Audit file with reconciliations and supporting schedules
- Responses prepared for auditor queries
- Internal control review of the finance process
- Assessment of whether the statutory audit thresholds are met
- Remediation plan for control weaknesses found
Check your own position
What the statute requires of your company
Enter your figures to see the obligations that follow, when they fall due, and an indicative fee range for the work.
Interactive
Statutory scope & bookkeeping cost estimator
Move the figures to see which Finnish statutory obligations your company falls under, when they fall due, and an indicative fee range for the work. It is not a quotation and not a forecast of tax.
Net sales for the financial year. Drives the VAT period and one of the three audit thresholds.
Total assets at the year end. One of the three audit thresholds.
Incoming invoices and receipts to be recorded each month.
Outgoing invoices raised each month.
Average number on the payroll. One of the three audit thresholds, and it drives payroll reporting.
VAT period
Monthly VAT period
Turnover above EUR 100 000 requires the monthly VAT period.
Arvonlisäverolaki 1501/1993 (AVL), incl. §3 and §162a-b — returns due by the 12th of the second month after each month.
Statutory audit
An auditor must be elected
3 of the three thresholds are exceeded in each of the two most recent financial years, so an auditor must be elected.
Tilintarkastuslaki 1141/2015, 2 luku 2 §. An auditor may be left unelected only if at most ONE of the three thresholds was exceeded in each of the two most recent completed financial years.
Size class
Micro-undertaking (mikroyritys)
The lightest statutory disclosure set applies to the financial statements.
Kirjanpitolaki 1336/1997, 1 luku 4 a-4 b §
Payroll reporting
4 payslips per month
Each earnings payment must be reported to the Incomes Register within 5 calendar days of the payment date, and the employer’s separate report is due by the 5th of the following month.
Laki tulotietojärjestelmästä 53/2018 — earnings payment report within 5 calendar days of the payment date; employer's separate report by the 5th of the following month.
Audit thresholds exceeded
3 / 3
- • Balance sheet total over EUR 100 000
- • Turnover over EUR 200 000
- • More than 3 employees on average
- This is an indicative scope estimate. It is not a quotation, an offer, or tax advice.
- Fee ranges reflect ordinary bookkeeping-bureau rates for the volumes entered. An engagement is priced only in a written agreement.
- Statutory conclusions follow the sources cited beside each result and depend on the figures entered being accurate and complete.
- No result on this page is a forecast of tax payable, tax saved, or any other financial outcome.
Next step
Ask about audit support and internal control review
Tell us your figures and your financial year and we will reply with the scope and what it would cost.
Etelä-Savon Kiinteistönotariaatti Oy · Business ID 0453186-1 · Mikonkatu 8 A 15, 50100 Mikkeli, Finland