58-43-16.17. Documentation of assertions made in Management's Report of Internal Control over Financial Reporting.
51 words·~1 min read·
/sd/title-58/chapter-58-43/58-43-16-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.