Finding Text
We agree that the audit report was not filed before the 9-month due date. However, we engaged with the auditors on May 22, 2024. The audit firm was unable to begin planning the engagement until September 4, 2024. In September, it was determined that a Single Audit would need to be performed. If we were aware of the Single Audit requirement, we would have begun the process sooner and required our auditor to be more responsive. To that end, we anticipate beginning the September 30, 2024 audit by the end of January 2025 to meet the reporting requirement.