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Financial management is the backbone of a company – it keeps things organized and provides certainty in daily operations. When bookkeeping, reporting, and tax matters are handled promptly and correctly, the entrepreneur can focus on what matters most: running and growing the business. At Tuokko, our priority is that your financial administration runs smoothly, accurately…

Internal audit is an independent and objective assessment, assurance and consulting activity, the aim of which is to strengthen an organization’s governance, risk management and control processes and thereby generate added value for your organization and support the continuous development of operations. It supports management in achieving the organization’s goals by providing a systematic approach…

The role of auditing is a central part of assessing the reliability of financial reporting for entities. An auditor has many different tasks, which are based on the Auditing Act, as well as International Standards on Auditing (ISA). The objective of the audit is defined by ISA standards. The auditor’s objective when performing an audit…

Transfer pricing and the related documentation are not just a tax reporting process but, when properly implemented, also a strategic tool. They support business efficiency and risk management. It is advisable for companies to regularly assess whether their internal pricing is at arm’s length and whether their existing documentation reflects reality, or whether it should…

When does the obligation to appoint an auditor arise?  Size of the company The Accounting Act requires companies to appoint an auditor when they exceed size limits in terms of balance sheet total, turnover or equivalent revenue, and number of personnel. The statutory size limits can be found here. Form of the company Limited liability companies…

Are you looking for a partner in auditing? About to start a business in Finland? Or have you already started one? If so, are you looking for a reliable, local auditor as your partner? We have several years’ experience of international assignments for organizations of all sizes. Audits provide the management, owners and stakeholders of…

Tuokko offers assurance services for sustainability reporting and acts as an auditor for sustainability reports in accordance with CSRD requirements. Includes our phase-specific recommendations for different stages of the sustainability reporting process. Our assessments help companies organize all aspects of sustainability reporting, from resource and goal mapping to data collection and final reporting. For companies that…

As companies expand across borders, they must navigate both local tax codes and complex international tax rules. We offer a range of expert services to companies expanding from Finland to abroad and to foreign companies expanding into Finland. Global reach through Praxity Tuokko is a proud member of Praxity the world’s largest alliance of independent audit, tax and…