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What is statutory audit What is the exact meaning of statutory audit?

A statutory audit is necessary by law for auditing all company’s financial health and records. In the UAE Audit firms in Dubai provide a statutory audit for all companies in UAE to check financial health by reviewing its accounts & accounting activities. Government organizations in the UAE must have their accounts reviewed by statutory auditors. A company’s shareholders can select any qualified statutory audit firm in UAE at the annual general meeting. For more info refer : What is Statutory Audit | How To Do Statutory Audit of A Company In Dubai


How do you calculate the statutory reserve of a company?

what are the statutory reserves of a company?


When tata motors held statutory meeting?

Tata Motors held its statutory meeting on October 29, 1945. This meeting was significant as it marked the official commencement of the company’s operations and the introduction of its first vehicle, the Tata 1 Ton truck, which played a crucial role in India's automotive industry. The meeting laid the foundation for Tata Motors' growth and development in the years to follow.


What type of company needs a statutory report?

public company needs a statutory report


What is Statutory Company?

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What adjective modifies our company's national sales meeting begins next week?

The adjective that modifies "our company's national sales meeting" is "national." It describes the scope of the sales meeting, indicating that it is related to the entire country. Additionally, "our" acts as a possessive adjective, specifying ownership of the meeting.


What is company meeting?

defination of company meeting


What are the grounds for denial in adverse claim?

Not meeting the statutory requirements to prevail in the claim.


What is a Statutory financial statement?

A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.


Who appoints the statutory auditors for a company?

shareholders


What is the meaning of statutory company?

statutory co is a company which is passed by a special act by central or state legislature.like-indian railway,icai etc. This co dont required to have its MOA because the rules $ regulation are alredy written in such Act. the audit of such co is conducted by CAG


What is the difference between statutory body and autonomous body?

A statutory body deals with enforcing legislation for a country or state. An autonomous body is a company that regulates its own company law.