Corrective Action: The first step is to hire a Chief Financial Officer (the third hirer in the past 2 years passed away suddenly). The second step is to evaluate and segregate internal accounting functions to assure that processes and reconciliations are maintained. Training of support staff and monitoring of the monthly accounting procedures.
Responsible Party for Corrective Actions: Anthony Vasiliou, Executive Director
Estimated Completion Date: March 31, 2025