I know that independent testing of SAFE Act compliance is to be completed at least annually. I was anticipating performing this audit after the one year anniversary of the 7/29/2011 deadline with the thought process being that one year has been completed. However I received an email from a webinar that I attended stating that "The regulators set July 29, 2012, as the deadline for your SAFE Act annual, independent compliance test." I've been researching to see where this "Deadline" date is but can not find anything that states this. How is everyone else handling this first audit? Did you think the annual audit was to be completed prior to the anniversary of the implementation date, or did you anticipate letting one year be completed before you audit? Thanks for your help!!-------Kathie
June 7, 2012 - 2:08pm
#1