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
Acknowledge(1)
RK
Amend(0)

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
Acknowledge(0)
Amend(0)

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.







Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.