Note: An insurer or group of insurers exempt from the requirements of this section is encouraged, but not required, to conduct a review of the insurer business type, sources of capital, and other risk factors to determine whether an internal audit function is warranted. The potential benefits of an internal audit function should be assessed and compared against the estimated costs.
Structure Mississippi Code
Chapter 5 - General Provisions Relative to Insurance and Insurance Companies
Article 2 - Audit of Financial Statements of Insurers
§ 83-5-101. Audited financial report
§ 83-5-103. Content of annual audited financial report
§ 83-5-106. Designation of independent certified public accountants
§ 83-5-107. Qualifications of independent certified public accountant
§ 83-5-108. Consolidated or combined audits
§ 83-5-109. Scope of examination and report of independent certified public accountant
§ 83-5-110. Notification of adverse financial condition
§ 83-5-111. Report on significant deficiencies in internal controls
§ 83-5-112. Accountant's letter of qualifications
§ 83-5-113. Definition, availability and maintenance of certified public accountant work papers
§ 83-5-119. Requirements for audit committees
§ 83-5-120. Internal audit function requirements
§ 83-5-123. Management's report of internal control over financial reporting