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Section 4-11-7.2 – Publication of school district audit results.

4-11-7.2. Publication of school district audit results. Not less than ten days after the date of filing the audit reports, the Department of Legislative Audit or the private auditing firm, whichever performed the audit, shall publish for two issues in each of the official papers of the school district a brief statement of the fact […]

Section 4-11-8 – Period of transactions covered by audit–Exceptions.

4-11-8. Period of transactions covered by audit–Exceptions. No examination or audit of the books and accounts of a public corporation shall extend back more than six years from the date such examination is commenced, unless by request of the governing body thereof or upon petition of not less than ten percent of the taxpayers thereof […]

Section 4-11-9 – Reports of audits–Place of filing.

4-11-9. Reports of audits–Place of filing. The auditor-general shall make detailed reports of the result of any audits or investigations made by the Department of Legislative Audit within sixty days after such audits or investigations have been completed. The auditor-general shall file reports of state agencies with the Governor and the respective state agency. The […]

Section 4-11-2 – Annual audit of state accounts–Scope.

4-11-2. Annual audit of state accounts–Scope. The Department of Legislative Audit shall perform an annual financial and compliance audit of the State of South Dakota in accordance with generally accepted government auditing standards. The scope of the audit shall include all state officers, departments, agencies, boards, commissions, penal, charitable, and educational institutions, and all regulatory […]

Section 4-11-4 – Audit of municipal and county records–Frequency of examination–Federal guidelines–Annual report in lieu of audit.

4-11-4. Audit of municipal and county records–Frequency of examination–Federal guidelines–Annual report in lieu of audit. The auditor-general shall cause audits as follows: (1)Financial and compliance audits in accordance with generally accepted government auditing standards of each municipality and county in the state, shall be made at least once every two years; (2)Municipalities with less than […]

Section 4-11-4.1 – Internal control review for certain municipalities.

4-11-4.1. Internal control review for certain municipalities. The auditor general shall cause an internal control review to be performed in municipalities with less than six hundred thousand dollars in revenue at least once every five years if: (1)They are not required to have an entity-wide audit under §4-11-4; (2)They have revenues of one hundred thousand […]