44-2122. Audit requirements
Unless exempted by the commission, an independent certified public accountant who audits the financial statements of an issuer in an audit required pursuant to this chapter shall include, in accordance with generally accepted auditing standards as modified or supplemented by the commission:
1. Procedures designed to provide reasonable assurance of detecting illegal acts that would have a direct and material effect on the determination of financial statement amounts.
2. Procedures designed to identify related party transactions that are material to the financial statements or otherwise require disclosure.
3. An evaluation of whether there is substantial doubt about the ability of the issuer to continue as a going concern during the next fiscal year.
Section: Previous 44-2082 44-2083 44-2084 44-2085 44-2086 44-2087 44-2121 44-2122 44-2123 44-2124 44-2125 44-2126 44-3101 44-3102 44-3111 NextLast modified: October 13, 2016