no
The non-statutory sector refers to organizations and groups that operate independently of government regulation and funding. These organizations typically focus on providing services to address community needs and often rely on donations, grants, and volunteers to support their activities. Examples include charities, community groups, and social enterprises.
what is the difference between statutory audit and non statutory audit.
legal and non legal
A statutory body deals with written law; non-statutory deals with implied law.
Statutory Body
advantages and disadvantages of non statutory audit
A statutory service is a service that is essential to the running of the country and is therefore provided by the governement.
A non-statutory organization is a group or entity that is not established or regulated by legislation. These organizations operate independently and are usually formed by individuals with a common interest or goal. Non-statutory organizations do not have legal standing granted by a specific law.
advantages and disadvantages of non statutory audit
A Public service is a Public Trust because its a non profitable association that give its loyalty to its people by doing good things to help society.
one is and one isnt