Answer: The financial statements for the fiscal year ending June 30, 2025, were filed late.
Trend: This is a recurring issue, indicating a pattern of late filings.
List: Follow up by implementing a timeline for timely submissions and reviewing processes to prevent future delays.
Finding Text
Late Filing of Audit (recurring finding) - The organization's financial statements for the fiscal year ended June 30, 2025 were not filed timely.
Corrective Action Plan
With the implementation discussed in #25-1 we are confident TURN's audit will be completed in a timely manner and will not depend on the auditor's involvement to the extent it was in the past.