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Office of Inspector General, US Department of Education, 2024
In order to participate in Title IV programs, institutions must submit annual audits, performed by an independent auditor, to Federal Student Aid (FSA). Proprietary institutions' auditors are required to perform the compliance audit and financial statement audit in accordance with the Government Auditing Standards, Generally Accepted Auditing…
Descriptors: Federal Legislation, Higher Education, Educational Legislation, Quality Control