A statutory return is a formal report that an organization or individual is required by law to submit to a government authority or regulatory body. These returns often include financial statements, tax filings, or compliance reports and must adhere to specific regulations and deadlines. Failure to submit statutory returns can result in penalties or legal consequences. They are essential for maintaining transparency and accountability in various sectors, including finance, healthcare, and environmental management.
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.
what is statutory fund
There is no statutory lending ratio.
==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.
what are the statutory reserves of a company?
legal and non legal
statutory agencies are supported by the government such as schools, where as voluntary agencies have to support them selves e.g charities.
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.