Issue: The Corporation failed to file its audited financial statements on time.
Trend: This delay indicates a potential pattern of non-compliance with filing deadlines.
Follow-up: Ensure timely submission of future financial statements to avoid penalties.
Finding Text
The Corporation’s audited financial statements for the period September 1, 2022 through March 16, 2023, were not filed into the REAC system within 90-days after period-end.