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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.
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What is the difference between statutory and regulatory requirements?
Organizations must comply with statutory requirements by law. Whereas regulatory requirements may or may not have been legally set forth. They are generally used to manage or control an activity.
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What is the meaning of statutory and regulatory framework for financial accounting?
Statutory means it is required by Law. Regulatory means it is required my regulatory bodies such as the FSA in Great Britain and Northern Ireland.
What is the difference between statutory and non-statutory diseases?
one is and one isnt
What the difference between statutory and non statutory bodies?
A statutory body deals with written law; non-statutory deals with implied law.
What is a non-statutory body?
the difference between edit categories
What is a non statutory body?
the difference between edit categories
What is the difference between voluntary standards and regulatory standards?
no idea aye
difference between Regulatory standard and Voluntary Standard?
ya yeet
What are and what is the difference between statutory and non statutory rights?
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.
What is the difference between statutory and voluntary employment relations?
Statutory would be those mandated by law, voluntary would be those agreed upon between employer and employee.
Does regulatory law add clarity to statutory law?
Yes, regulatory law helps to interpret and provide specific guidelines for implementing statutory law. It adds detail and practical application to the more general principles outlined in statutory law, helping to ensure consistent enforcement and understanding of the law.
