A statutory organization is established by legislation and operates under specific laws and regulations. Its primary function is to carry out government policies and provide public services in areas such as health, education, or transportation. These organizations often have defined powers, responsibilities, and accountability mechanisms to ensure they serve the public interest effectively. Examples include regulatory bodies, public authorities, and certain government agencies.
A statutory organisation is one that has to exist - by law. Examples would be the police services, county and town councils.
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.
a non-statutory organisation is one that is not funded by the government, they are usually voluntary and fund themselves through means of charity shops and donations. hope this helps :)
a non-statutory organisation is one that is not funded by the government, they are usually voluntary and fund themselves through means of charity shops and donations. hope this helps :)
The auditor's function in ensuring that the organisation conforms to policies procedures and statutory matters.
is the process of checking financial transactions/books of accounts of a puplic organisation to ensure statutory performance by a cartified public accontant company (CPA) and report to the appropriate authority.
is the process of checking financial transactions/books of accounts of a puplic organisation to ensure statutory performance by a cartified public accontant company (CPA) and report to the appropriate authority.
Statutory Body
what is the difference between statutory audit and non statutory audit.
statutory expenses
What is statutory inducements
A statutory body deals with written law; non-statutory deals with implied law.