Data rate units. (Redirected from Mbps) In telecommunications, data transfer rate is the average number of bits (bitrate), characters or symbols (baudrate), or data blocks per unit time passing through a communication link in a data transmission system. Common data rate units are multiples of bits per second (bit/s) and bytes per second (B/s).
Main article: External auditor. In the India, the term statutory auditor refers to an external auditor whose appointment is mandated by law. A statutory audit is a legally required review of the accuracy of a company's or government's financial records.
A: Statutory reporting is the mandatory submission of financial statements and other non-financial information to a government agency. Examples of statutory regulations are the International Accounting System and the International Financial Reporting Standards, accepted global standards by which public companies prepare financial statements.