Proposed statement of position : compliance and internal control auditing for student financial assistance programs using service organizations : proposed amendment to AICPA audit and accounting guide, Audits of colleges and universities;Compliance and internal control auditing for student financial assistance programs using service organizations : proposed amendment to AICPA audit and accounting guide, Audits of colleges and universities; Exposure draft (American Institute of Certified Public Accountants), 1992, Apr. 29

The U.S. Department of Education (ED) Audit Guide Audits of Student Financial Assistance Programs (ED Audit Guide) requires institutions that participate in its student financial assistance (SFA) programs to engage independent auditors to audit certain aspects of their participation in those programs. Among other reports, auditors who perform such audits are required to issue reports on (1) the participating institutions\u27 compliance with laws and regulations specified in the ED Audit Guide, and (2) the internal control structure used by participating institutions in administering the student financial assistance programs. The ED Audit Guide requires an institution\u27s auditor\u27s reports on compliance and the internal control structure to encompass any functions performed by service organizations, as defined in this proposed statement of position. This proposed statement of position would amend the Audit and Accounting Guide Audits of Co/leges and Universities to: 1. Provide guidance on an institution\u27s auditor\u27s responsibilities when auditing compliance with the requirements applicable to SFA programs and the internal control structure over compliance at an institution that engages a service organization to perform certain functions related to the administration of its SFA program. 2. Provide guidance on a service organization\u27s auditor\u27s responsibilities when auditing compliance with the requirements applicable to SFA programs and the internal control structure over compliance at a service organization that performs certain functions related to the administration of an SFA program.https://egrove.olemiss.edu/aicpa_sop/1568/thumbnail.jp

Proposed audit guide : Audits of federal financial assistance to state and local governmental units;Audits of federal financial assistance to state and local governmental units; Exposure draft (American Institute of Certified Public Accountants), 1984, Dec. 28

This proposed audit guide provides guidance to Independent auditors when conducting financial and compliance audits of federal assistance programs awarded to state and local governmental units and Indian tribal governments as required by the Single Audit Act of 1984, Public Law 98-502. This guide and the Industry Audit Guide, Audits of State and Local Governmental Units, are applicable when an auditor is engaged to examine and report on the general purpose financial statements of governmental units that include federal financial assistance funds. Areas discussed in the proposed guide include the following: 1. Legal and regulatory requirements; 2. Findings and questioned costs; 3. Requirements applicable to subrecipients of federal financial assistance; 4. Initial-year audit and stub periods; 6. Responsibilities of cognizant agency; 6. Joint audit considerations. In addition, the proposed guide illustrates auditors\u27 reports on financial statements and internal accounting control and auditors\u27 comments on compliance with applicable laws and regulations.https://egrove.olemiss.edu/aicpa_sop/1476/thumbnail.jp

Lessons learned: Institutional research as support for academic improvement

Although the process of integrating institutional research into professional practice is still in a formative stage, we have learned some lessons from our experience.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/49311/1/182_ftp.pd

Findings resulting from a study of the characteristics of the New Jersey relief population : as to composition and race as reported in the New Jersey relief census on November 30, 1937 / prepared by Federal Works Agency, Works Progress Administration; sponsor State of New Jersey, Financial Assistance Commission.

"Final release, state totals