South Dakota Statutes

§ 36-20B-61 — Compilation report to be issued through business holding valid permit--Exceptions.

South Dakota·Title 36 PROFESSIONS AND OCCUPATIONS·Ch. 1-26 PUBLIC ACCOUNTANTS

No individual licensee may issue a report in standard form upon a compilation of financial information through any form of business that does not hold a valid permit issued under this chapter unless the report discloses the name of the business through which the individual is issuing the report, and the individual:

(1)Signs the compilation report identifying the individual as a CPA or PA;
(2)Meets the competency requirement provided in applicable standards; and (3) Undergoes no less frequently than once every three years, a peer review conducted in such manner as the board shall, by rule promulgate in accordance with chapter 1-26 , specify. Such review shall include verification that the individual has met the competency requirements set out in professional standards for such se

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South Dakota § 36-20B-61 (Compilation report to be issued through business holding valid permit--Exceptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2002, ch 179, § 62.

Nearby Sections

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