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STATE UNIVERSITIES RETIREMENT SYSTEM Compliance Examination of Census Data For the Year Ended June 30, 2022Release Date: October 11, 2023INTRODUCTION This digest covers the Compliance Examination
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What is surs audit reports?
SURS audit reports are documents required by the State Universities Retirement System that provide an assessment of the financial status and compliance of the institutions within the retirement system.
Who is required to file surs audit reports?
Entities participating in the SURS, including state universities and community colleges that are part of the retirement system, are required to file SURS audit reports.
How to fill out surs audit reports?
To fill out SURS audit reports, institutions should follow the guidelines provided by SURS, ensuring all financial data is accurate, complete, and submitted in the specified format.
What is the purpose of surs audit reports?
The purpose of SURS audit reports is to evaluate the financial integrity and compliance of the institutions with state retirement regulations, ensuring proper management of retirement funds.
What information must be reported on surs audit reports?
SURS audit reports must include financial statements, compliance assessments, investments details, and any discrepancies in pension fund management.
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