LegalFix
Sign In

§ 58-43-16.17 Documentation of assertions made in Management's Report of Internal Control over Financial Reporting.

SD Codified L § 58-43-16.17 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

58-43-16.17. Documentation of assertions made in Management's Report of Internal Control over Financial Reporting. Management shall document and make available at the time of a financial condition examination the basis upon which its assertions, required in § 58-43-16.16, are made. Management may base its assertions, in part, upon its review, monitoring, and testing of internal controls undertaken in the normal course of its activities.

Source: SL 2009, ch 271, § 32.

Previous Section
§ 58-43-16.16 Contents of Management's Report of Internal Control over Financial Reporting.
Next Section
§ 58-43-16.18 Discretion of management as to internal control framework and documentation.