Background: The delivery of the single audit was delayed due to staffing capacity constraints, competing administrative priorities, and the need for improved coordination in gathering audit documentation. AYUDA is committed to improving the audit preparation process to ensure the single audit is completed and submitted within the required timeframe. Corrective Actions: 5. Audit Planning Timeline • Action: Begin annual audit preparation earlier in the fiscal cycle, including the development of a detailed audit timeline and internal milestone deadlines. • Responsibility: Executive Management and Finance Department. • Timeline: To be implemented for the next audit cycle and maintained annually. 6. Document Preparation and Tracking • Action: Maintain a centralized audit request list and tracking system to ensure supporting documents are compiled timely and submitted to auditors as requested. • Responsibility: Finance and Administrative Staff. • Timeline: Effective immediately and ongoing. 7. Staff Training and Cross-Coordination • Action: Provide additional training and internal coordination to staff involved in grant compliance, audit support, and financial reporting responsibilities. • Responsibility: Administration and Finance Department. • Timeline: Training and coordination efforts to begin within 60 days. 8. Regular Communication with Auditors • Action: Schedule periodic status meetings with the auditors during the audit process to address open items promptly and monitor progress toward completion. • Responsibility: Finance Department. • Timeline: During each audit engagement, beginning with the next audit cycle. Conclusion AYUDA is committed to addressing these findings with urgency and transparency. Through the implementation of the corrective actions outlined above, management expects to strengthen financial oversight, improve compliance processes, and ensure timely completion of future audit requirements.