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REQUEST TO SUBMIT AUDIT REPORT IN LIEU OF FINANCIAL REVIEW REPORTWe will submit our audit report for the fiscal year ended June 30, 2023, in lieu of the financial review report for the following reason:
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Standards and procedures are designed to establish a framework for consistent, efficient, and compliant operations within an organization, outlining best practices and governance.
Organizations, including corporations and non-profits, typically required to file standards and procedures include those that operate in regulated industries or are subject to compliance requirements.
To fill out standards and procedures, an organization should identify key processes, document specific steps, assign responsibilities, and ensure compliance with applicable regulations before submitting for review.
The purpose of standards and procedures is to ensure consistency, quality control, compliance with regulations, and effective risk management across an organization.
The information that must be reported typically includes organizational policies, process descriptions, compliance measures, and roles and responsibilities.
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