what is the difference between statutory audit and non statutory audit.
A statutory body deals with written law; non-statutory deals with implied law.
the difference between edit categories
the difference between edit categories
Statutory rights are rights that are established by laws or statutes, such as labor laws or consumer protection laws. Non-statutory rights are rights that are not specifically defined by law but may arise from common law principles or agreements between parties. The main difference is that statutory rights are clearly defined by written laws, whereas non-statutory rights rely on other sources for recognition and enforcement.
Statutory would be those mandated by law, voluntary would be those agreed upon between employer and employee.
Statutory is govern by government legislation while independent are mainly charity organisations
Answer: legal and statutory reserves There is no difference. Both legal and statutory reserves are reserves that must be maintained by law. The previous answer ("Legal reserves are stipulated by law, while statutory reserves are determined in the Articles of Association (the Statute of a company)") is incorrect: the primary meaning of 'statutes' is 'enacted laws'
A statutory body deals with enforcing legislation for a country or state. An autonomous body is a company that regulates its own company law.
Fundamental law is the law determining the constitution of the government of a state, while statutory law is the body of laws created by legislative statutes.
Please stop using only upper case.
Statutory refers to laws passed by the state of federal government. Regulatory means a rule issued by some agency that the government has given authority to regulate an industry.