Hi, Anyone can explain what account actually the word 'statutory account' refer to? Is that mean EPF, SOCSO and PCB account?
From Malaysia, Kuala Lumpur
From Malaysia, Kuala Lumpur
Hi,
Statutory accounts for a normal Sdn Bhd refer to financial statements (F.S.) for the relevant year ended, which comprise the balance sheet, income statement (profit & loss / P&L), directors' report, and statutory declaration by a director/person responsible for the F.S.
Under MASB, F.S. comprise the balance sheet, P&L, cash flow statement, statement of changes in equity, and notes to the F.S.
From Malaysia, Kuala Lumpur
Statutory accounts for a normal Sdn Bhd refer to financial statements (F.S.) for the relevant year ended, which comprise the balance sheet, income statement (profit & loss / P&L), directors' report, and statutory declaration by a director/person responsible for the F.S.
Under MASB, F.S. comprise the balance sheet, P&L, cash flow statement, statement of changes in equity, and notes to the F.S.
From Malaysia, Kuala Lumpur
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.