Go directly to contents.

Financial statements and audit

The profits and losses, and assets of your company are detailed in the financial statements, which are produced for each accounting period. The statements are based on your company’s accounting during the financial year. Different size companies have different rules governing the financial statements.

An audit means the examination of your company’s accounting, financial statements, other documents and administration. Separate audits are carried out for each financial year. 

See contents related to the topic:

Financial Statements

Whether or not it is mandatory for you to prepare financial statements and provide the information required in the statements depends on your company’s size, company type and industry. Financial statements are public information.


In an audit, an auditor will examine your company’s accounting, financial statements and administration. It is mandatory for larger companies.