Finding 21-1:
The audit report was due to be received by the State of New Jersey no later than May 31, 2022.
As a result, the audit was not submitted timely.
Recommendation:
The School should alert the auditor about new funding received during the year to give ample
time to research and prepare.
Action Taken:
The administrator will monitor the School’s funding that they receive throughout the year and
will alert the auditor as soon as they receive funding from a new program. As such, the required
corrective actions have been implemented.
Implementation Date:
Corrective Action Plan has been implemented as of December 28, 2023.
Person Responsible for Implementation:
Baruch Schechter, the CFO, is the responsible party for implementation of the CAP. Telephone
Number: (732)-806-879.