Answer: The Organization missed conducting a required single audit for the period from September 26, 2017, to December 31, 2018.
Trend: This oversight may indicate a pattern of non-compliance with audit requirements.
List: Follow up by scheduling the overdue audit and reviewing compliance processes to prevent future lapses.
Finding Text
For the period September 26, 2017 through December 31, 2018, the Organization did not have a single audit conducted for that period.
Corrective Action Plan
We agree with Finding 2019-002 and the recommendations described above. We have engaged a CPA firm to perform a single audit for the periods December 31, 2019-2023.