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Financial statutory requirements typically include the preparation and presentation of financial statements in accordance with applicable accounting standards, such as GAAP or IFRS. Companies must also conduct annual audits by an independent auditor and submit tax filings in compliance with local tax laws. Additionally, they are required to disclose relevant financial information to stakeholders, including regulatory bodies, as mandated by securities regulations. Compliance with these requirements helps ensure transparency and accountability in financial reporting.

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1mo ago

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