Section 4-11-5 – Special audit of local accounts on request by governing body or taxpayers–Cost of examination.
4-11-5. Special audit of local accounts on request by governing body or taxpayers–Cost of examination. The auditor-general is also authorized to make examinations of the books and accounts of the offices of all municipalities, townships, and school districts when called upon by the governing board of any such taxing district, or upon request by petition […]
Section 4-11-6 – Accounting manual for counties, municipalities, school districts, and their agencies.
4-11-6. Accounting manual for counties, municipalities, school districts, and their agencies. The Department of Legislative Audit shall prepare and distribute an accounting manual for counties, municipalities, school districts, and their agencies and update such manual periodically. Source: SL 1943, ch 258, §6; SL 1953, ch 293; SDC Supp 1960, §55.2906 (6); SL 1970, ch 33; […]
Section 4-11-7 – Audit by private accountant–Acceptance in lieu of required audit.
4-11-7. Audit by private accountant–Acceptance in lieu of required audit. Nothing contained in this chapter prevents a public corporation from employing a private accountant to examine and audit the books and accounts thereof or of any of its officers if the governing body or authorized official believes that the public interest requires it, and if […]
Section 4-11-7.1 – School district audit by private auditing firm.
4-11-7.1. School district audit by private auditing firm. A school district shall have financial and compliance audits performed at least every two years. The audits shall be performed in accordance with generally accepted government auditing standards. The audits may be done by the Department of Legislative Audit or by a private auditing firm authorized by […]
Section 4-10-11 – Failure by public officer to publish financial statement–Petty offense–Salary forfeiture–Removal from office.
4-10-11. Failure by public officer to publish financial statement–Petty offense–Salary forfeiture–Removal from office. All public officers of the state, counties, townships, municipalities, and school districts who are required by law to publish legal notices of financial statements and who shall intentionally fail or refuse to make such publications, commits a petty offense and also shall […]
Section 4-10-1 – State treasurer’s accounts of receipts and disbursements.
4-10-1. State treasurer’s accounts of receipts and disbursements. The state treasurer shall keep an accurate account of the receipts and disbursements of the treasury. Source: SL 1862-3, ch 52, §4; PolC 1877, ch 8, §3; CL 1887, §86; RPolC 1903, §87; RC 1919, §5354; SDC 1939, §55.1403; SL 1984, ch 30, §73.
Section 4-10-2 – Legislative inspection of treasurer’s records.
4-10-2. Legislative inspection of treasurer’s records. The state treasurer shall as often as required submit his books, accounts, vouchers, and funds in the treasury to the inspection of either branch of the Legislature or to any committee thereof appointed for that purpose. Source: SL 1862-3, ch 52, §9; PolC 1877, ch 8, §9; CL 1887, […]
Section 4-10-3 – Accounts kept by state budgetary accounting system.
4-10-3. Accounts kept by state budgetary accounting system. The state budgetary accounting system shall keep an accurate account for revenues received and payments made from the state treasury for the state treasurer and state auditor. Source: SL 1891, ch 113, §11; RPolC 1903, §330; RC 1919, §6943; SDC 1939, §55.2315; SL 1984, ch 30, §74.
Section 4-10-4 – Monthly reconciliation of accounting system balances with bank account records.
4-10-4. Monthly reconciliation of accounting system balances with bank account records. At the beginning of each month, the Bureau of Finance and Management shall reconcile the state accounting system balances with the state treasurer’s state bank account records. The state treasurer will receive a copy of the reconciliation as soon as it is completed. Source: […]
Section 4-10-5 – Reconciliation of auditor’s and treasurer’s accounts–Adjustments and transfers.
4-10-5. Reconciliation of auditor’s and treasurer’s accounts–Adjustments and transfers. The state auditor is hereby authorized and required to make a complete reconciliation of all outstanding warrants of his office and records of same with the balance, funds, books, and records of the state treasurer’s office, and to continue such reconciliation when completed as an office […]