Definition

statutory reporting

Statutory reporting is the mandatory submission of financial and non-financial information to a government agency.  Each industry has its own set of laws and regulations (statues) that mandate reports. In many countries, International Financial Reporting Standards (IFRS) has replaced country-specific Generally Accepted Accounting Principles for statutory reporting. 

See also: compliance, Sarbanes-Oxley Act (SOX), Securities Exchange Commission (SEC)

This was last updated in March 2012

Continue Reading About statutory reporting

Dig Deeper on Core HR administration technology

SearchSAP
SearchOracle
SearchBusinessAnalytics
SearchContentManagement
SearchDataManagement
Close