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 4-11-2.1 – Charitable or nonprofit corporations to comply with certain audit requirements.
4-11-2.1. Charitable or nonprofit corporations to comply with certain audit requirements. Any charitable or nonprofit corporation receiving federal funds through the state or its political subdivisions, that is required to be audited in accordance with the Federal Single Audit Act Amendments of 1996 Public Law 104-156 (31 U.S.C. sections 7501 to 7507) as amended to […]
Section 4-11-3 – Special audit of state accounts on Governor’s order–Report of audit.
4-11-3. Special audit of state accounts on Governor’s order–Report of audit. A special audit, investigation, or examination of any of such matters specified in §4-11-2 or of any additional matter relating to state affairs directly or indirectly shall also be made at any time upon written order of the Governor and a report shall likewise […]
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 […]