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.
For example, in 2012, there is no longer a requirement for Small-and Medium-sized Enterprises (SMEs) to submit to statutory audits, if they meet certain threshold requirements. Such changes are part of the governmentâs move to remove financial burdens from SMEs and streamline business practices.