For example The income was reinvested, not spent. This resulted in the accumulation of more funds. Show source/s Plain English Campaign Give feedback This page was not useful This page was useful Thank you for your feedback. If you have another few minutes please take the time to tell us about our new Dictionary service. Thank you for your answer, if you can tell us more that would really help Update
Statutory accounts Company accounts which have been filed with the Registrar of Companies. The accounts have to disclose (show) the information required by the Companies Acts.
Statutory audit An audit required by law. Certain companies have to have their accounts audited by suitably qualified accountants.