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.
EU audit reform legislation â the facts. EU legislation to reform the statutory audit market was adopted in April 2014. The laws are expected to apply from mid June 2016 â with the exception of MFR, which is subject to transition arrangements. We have summarised the key issues impacting the statutory audit included in the new EU audit reform legislation and, in particular, the requirements for public interest entities (PIEs). EU audit reform â mandatory firm rotation. EU audit reform â prohibition of certain non-audit services.