State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-20b > Statute-36-20b-2

36-20B-2. Attest defined--Statements on standards to be adopted. For the purposes of this chapter, attest means providing the following financial statement services:
(1) Any audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS);
(2) Any review of a financial statement to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS);
(3) Any examination of prospective financial information to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE);
(4) Any engagement to be performed in accordance with the Auditing Standards of the Public Company Auditing Oversight Board (PCAOB); and
(5) The issuance of any report prescribed by the Statements on Auditing Standards (SAS), the Statements on Standards for Accounting and Review Services (SSARS), or the Statements on Standards for Attestation Engagements (SSAE) on any services to which those statements on standards apply, indicating that the service was performed in accordance with standards established by the American Institute of Certified Public Accountants (AICPA).
The statements on standards specified in this definition shall be adopted by reference by the board, by rule promulgated pursuant to chapter 1-26, and shall be those developed for general application by recognized national accountancy organizations.

Source: SL 2002, ch 179, § 3; SL 2009, ch 185, § 2.