South Dakota Codified Laws
Chapter 04 - State Public Fund Structure
Section 4-4-4 - Governmental accounting systems to comport with generally accepted accounting principles.

4-4-4. Governmental accounting systems to comport with generally accepted accounting principles.
Any accounting system used by any state agency or any component unit of state government shall be designed to meet the financial accounting and reporting requirements of generally accepted accounting principles.

Source: SL 1966, ch 188, §4; SL 1981, ch 27, §1; SL 1985, ch 33, §22; SL 1988, ch 81, §8; SL 2001, ch 23, §1.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 4 - Public Fiscal Administration

Chapter 04 - State Public Fund Structure

Section 4-4-1 - Purpose of chapter.

Section 4-4-2 - State public funds defined.

Section 4-4-3 - Public funds maintained in state treasury--Local bank accounts as official accounts--Signatories--Statements required of agencies holding state funds in local bank.

Section 4-4-3.1 - Local drug buy accounts.

Section 4-4-4 - Governmental accounting systems to comport with generally accepted accounting principles.

Section 4-4-4.3 - Securities operating fund and insurance operating fund established--Permitted expenditures.