Accounting and Financial Reporting

2020 Award for Excellence Winner: State of South Dakota

GFR-South Dakota

The State of South Dakota’s Statewide Internal Control Framework allows the state and its agencies to implement an adaptive, effective internal control system. The framework’s standards provide guidance for establishing, maintaining, assessing, and reporting effective internal controls across the state government. The purpose of this project is to provide a greater level of assurance to state leadership that the state is accomplishing its operational, reporting, and compliance outcomes.

The State of South Dakota made use of GFOA's Best Practice titled Internal Control Network to win GFOA's 2020 Award for Excellence in Governance Finance.

  • Publication date: December 2020