statutory accounts
Annual financial statements, which must be prepared, audited and filed by all companies at the Companies Registry (Part VII of the Companies Act 1985). There are modified requirements for dormant companies and small and medium sized companies (Sections 246-249 Companies Act 1985).

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  • statutory accounts — Accounts required by law, for example by the Companies Act. See also: statutory books …   Accounting dictionary

  • statutory accounts — Accounts required by law, for example by the Companies Act. See also statutory books …   Big dictionary of business and management

  • non-statutory accounts — Any financial statement issued by a company that does not form part of the statutory annual accounts. Prior to the Companies Act (1989) they were known as abridged accounts. Under this legislation a company has to make a statement on any non… …   Accounting dictionary

  • non-statutory accounts — Any financial statement issued by a company that does not form part of the statutory annual accounts Prior to the Companies Act (1989) they were known as abridged accounts. Under this legislation a company has to make a statement on any non… …   Big dictionary of business and management

  • statutory — stat‧u‧to‧ry [ˈstætʆtri ǁ tɔːri] adjective LAW fixed or controlled by law: • Some trustees have special statutory powers of investment. • This statement does not affect the statutory rights of the consumer. statutorily adverb : • a statutoril …   Financial and business terms

  • Statutory Audit — A legally required review of the accuracy of a company s or government s financial records. The purpose of a statutory audit is the same as the purpose of any other audit to determine whether an organization is providing a fair and accurate… …   Investment dictionary

  • statutory audit — An audit of a company as required by the Companies Act (1985), subject to small company exemptions. The auditors are required to report to the company s members on all accounts of the company, copies of which are laid before the company in… …   Accounting dictionary

  • statutory audit — An audit of a company as required by the Companies Act (1985), subject to small company exemptions. The auditors are required to report to the company s members on all accounts of the company, copies of which are laid before the company in… …   Big dictionary of business and management

  • statutory books — The books of account that the Companies Act (1985) requires a company to keep. They must show and explain the company s transactions, disclose with reasonable accuracy the company s financial position at any time, and enable the directors to… …   Accounting dictionary

  • statutory books — The books of account that the Companies Act (1985) requires a company to keep. They must show and explain the company s transactions, disclose with reasonable accuracy the company s financial position at any time, and enable the directors to… …   Big dictionary of business and management

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