There are situations that could create a material weakness in your annual audit. A material weakness is a deficiency or a combination of deficiencies in internal control over financial reporting. HRSA (Health Resources and Services Administration) requires that the health center submit a corrective action plan addressing all findings, questioned costs, reportable conditions, and material weaknesses cited in the Audit Report. In addition, you should present the corrective action plan to the board of directors, and once the issue is resolved, you should go back to the board of directors reporting the solution and explanations of how you intend to ensure compliance moving forward. Situations happen that are not always under our control and could result in a material weakness in the annual audit. It is imperative that we submit our corrective action plan and are transparent with the governing board as to the status and solutions to the issue.