Deficiencies Noncritical findings; findings or recommendations for improvement that are not material weaknesses or are not material instances of noncompliance.
Management Letter A report to the Board of Directors or management of the LSC recipient organization, issued in conjunction with the audit report on the financial statements, which communicates matters noted during the audit. The matters discussed in the management letter may not qualify as reportable conditions; rather, they may include minor deficiencies or recommendations for improvement of the auditee's operations.