Texas Statutes
Subchapter A. Independent Audit of Financial Statements
Section 401.018. Information Discovered After Date of Audited Financial Report

Sec. 401.018. INFORMATION DISCOVERED AFTER DATE OF AUDITED FINANCIAL REPORT. If, after the date of an audited financial report filed under this subchapter, the accountant becomes aware of facts that might have affected the report, the accountant must take action as prescribed in Volume 1, AU Section 561, Professional Standards of the American Institute of Certified Public Accountants.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Structure Texas Statutes

Texas Statutes

Insurance Code

Title 4 - Regulation of Solvency

Subtitle A - General Provisions

Chapter 401 - Audits and Examinations

Subchapter A. Independent Audit of Financial Statements

Section 401.001. Definitions

Section 401.002. Purpose of Subchapter

Section 401.003. Effect of Subchapter on Authority to Examine

Section 401.004. Filing and Extensions for Filing of Audited Financial Report

Section 401.005. Alternative Filing for Canadian or British Insurers or Health Maintenance Organizations

Section 401.006. Exemption for Certain Small Insurers and Health Maintenance Organizations

Section 401.007. Exemption for Certain Foreign or Alien Insurers or Health Maintenance Organizations

Section 401.008. Hardship Exemption

Section 401.009. Contents of Audited Financial Report

Section 401.010. Requirements for Financial Statements in Audited Financial Report

Section 401.011. Qualifications of Accountant; Acceptance of Audited Financial Report

Section 401.012. Hearing on Accountant Qualifications; Replacement of Accountant

Section 401.013. Accountant's Letter of Qualifications

Section 401.014. Registration of Accountant

Section 401.015. Resignation or Dismissal of Accountant; Statement Concerning Disagreements

Section 401.016. Audited Combined or Consolidated Financial Statements

Section 401.017. Notice of Adverse Financial Condition or Misstatement of Financial Condition

Section 401.018. Information Discovered After Date of Audited Financial Report

Section 401.019. Report on Significant Deficiencies in Internal Control

Section 401.020. Accountant Work Papers

Section 401.021. Penalty for Failure to Comply