C.R.S. § 24-17-103

Not later than December 31 of each year following April 9, 1988, the head of each principal department shall file, with the controller, the state auditor, and the governor, a written statement that the department’s systems of internal accounting and control either do or do not fully comply with the requirements of section 24-17-102 . In the event that the statement filed indicates that the systems employed by the department are not in compliance with section 24-17-102 , the statement shall further detail specific weaknesses known to exist, together with plans and schedules for correcting any such weaknesses.