Record keeping and statutory compliance are essential components of managing a company or organization. Accurate and well-organized records of various activities are maintained, along with adherence to laws, regulations, and standards set by the government or relevant authorities.
To sum up, record keeping and legal compliance are two facets of organizational governance that are connected. Maintaining transparency, lowering legal risks, and assuring the general success and sustainability of the company all depend on efficiently managing records in compliance with legal requirements.

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