Finnish Deal Support
FAS reporting, PRH filings and the Netvisor / Procountor ledger stack — with EET working-hour overlap on the Finnish business day.
Discuss a deal Engagement modelsReporting basis
FAS (Finnish Accounting Standards) for most companies; IFRS for listed groups.
We bridge reported local-GAAP figures onto the basis the buyer is underwriting, and show the bridge rather than presenting a restated number without workings.
Ledger data and what we ask for
Starting from the export the target's system already produces means less reconstruction and more analysis.
Ledger systems
Netvisor and Procountor dominate the Finnish SME and mid-market segment; both produce complete general ledger exports.
Chart of accounts
Finnish practice follows a fairly standardised chart structure, which speeds mapping onto a buyer's reporting template.
What we ask for
Full general ledger detail plus the filed tilinpäätös, so statutory and management figures can be reconciled early.
Statutory filing
Tilinpäätös filed with PRH (Patentti- ja rekisterihallitus).
We reconcile filed statutory accounts to management reporting early in the engagement, because that is reliably where a buyer's first substantive questions land.
Practical notes
- FAS diverges from IFRS on several treatments including development costs and provisions — we bridge onto the buyer's basis.
- Finland is in the euro, removing the SEK/NOK/DKK translation layer present elsewhere in the Nordics.
- EET working hours still give effectively full overlap with our base hours.
What we do on a mandate here
Financial due diligence
Quality of earnings, add-backs and revenue quality, bridged onto the buyer's basis.
Databooks
Built from the native ledger export so schedules tie to source.
Working capital
Peg analysis including the FX layer where local currency meets EUR or USD underwriting.
Vendor assistance
Sell-side packs with statutory-to-management reconciliation prepared in advance.
Finland deal in progress?
Send the ledger export or the data room index. We will confirm scope and timing within one business day.
Book a consult Get the data-request listOr email abhishek.bhandari@zionadvisor.com directly.