Statutory financial statements are your company’s official financial statements that are submitted to the regulatory authorities, across jurisdictions.
Statutory financial statements are the annual, quarterly or bi-annual consolidated financial statements of your company. These statements provide information on the income, expenses, balance sheets, budgets, and are reviewed by a statutory auditor. The preparation and requirements of these statements vary across jurisdictions and industries.
These statements cover:
Statutory financial statements enable your company to:
Statutory financial statements are important for an event tomorrow, as they help: