We reviewed the Medallion Foundation’s single audit report for the fiscal year ending December 31, 2017, in order to identify findings that affect directly awarded Department of Transportation programs. An independent auditor prepared the single audit report, dated January 18, 2019.
What We Found
We found that the report contained a reporting finding that needs prompt action from the Federal Aviation Administration’s (FAA) management.
We recommend that FAA ensures that the Foundation complies with the reporting requirements.
Closed on 08.14.2019
No. 1 to FAA
Ensures that the Foundation complies with the reporting requirements.