Must the financial statement filed with the application for or renewal of the certificate of authority be filed on the forms provided by the Department?
A. At the preneed entity’s option, the financial statement shall be (1) a compilation, review or audit report from a licensed certified public accountant prepared in conformity with GAAP; or (2) in the form set forth in Rule 482-3-0010.05(6) and its appendix using the alternative basis specified in that Rule. The financial statement must demonstrate the level of equity shown in that Rule.
Related Questions
- Must the financial statement filed with the application for or renewal of the certificate of authority be filed on the forms provided by the Department?
- The financial statement that must be sent with the application for or renewal of a certificate of authority must be current as of what date?
- Why does the IRB require endorsement of a department head or chair on the application forms?
