Oklahoma § 36-311A.9 - Conduct of audit of financial statements
Full text of Oklahoma Oklahoma Statutes § 36-311A.9 — Conduct of audit of financial statements, with citation guidance and answers to common questions.
§ 36-311A.9. Conduct of audit of financial statements
Financial statements furnished pursuant to Section 311A.5 of
this title shall be examined by the independent certified public
accountant. The audit of the financial statements of the insurer
shall be conducted in accordance with generally accepted auditing
standards. In accordance with AU Section 319 of the Professional
Standards of the AICPA, Consideration of Internal Control in a
Financial Statement Audit, the independent certified public
accountant should obtain an understanding of internal control
sufficient to plan the audit. To the extent required by AU 319, for
those insurers required to file a Management's Report of Internal
Control over Financial Reporting pursuant to Section 311A.16 of this
title, the independent certified public accountant should consider,
as that term is defined in Statement on Auditing Standards (SAS) No.
102, Defining Professional Requirements in Statements on Auditing
Standards or its replacement, the most recently available report in
planning and performing the audit of the statutory financial
statements. Consideration shall be given to the procedures
illustrated in the Financial Condition Examiners Handbook
promulgated by the National Association of Insurance Commissioners
as the independent certified public accountant deems necessary.
Added by Laws 2009, c. 176, § 11, eff. Nov. 1, 2009. Amended by
Laws 2019, c. 28, § 4, eff. Nov. 1, 2019.
Oklahoma Statutes - Title 36. Insurance
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-311A.9
What does Oklahoma Statutes § 36-311A.9 cover?
Section 36-311A.9 ("Conduct of audit of financial statements") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 36-311A.9?
A common citation format is "Oklahoma Statutes § 36-311A.9" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 36-311A.9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.