Federal Student Aid - IFAP

Publication Date: March 15, 2004

Author: General Manager| School Delivery Channel| FSA ASEDS

Summary: eZ-Audit Update for Not-For-Profit and Public Institutions

Posted on 03-15-2004

eZ-Audit Update for Not-For-Profit and Public Institutions

March 15, 2004

Thanks for waiting. We appreciate your cooperation and patience. On December 12th, 2003, we issued an eZ-Audit Update for the Not-For-Profit and Public Institutions requesting that you temporarily postpone your audit submissions via eZ-Audit until we made modifications based on your feedback. This notice is to announce that we have completed those changes and eZ-Audit is available for the Not-For-Profit and Public institutions to submit their annual audit and financial statement submissions.

Effective today, March 15, 2004, all Not-for-Profit and Public institutions with an annual submission due date between December 31, 2003 and March 31, 2004 will have 60 days from this effective date to submit their annual submissions through eZ-Audit. With this timeframe, the deadline to submit through eZ-Audit is now May 14, 2004.

PLEASE NOTE: eZ-Audit does not change the Office of Management and Budget's (OMB) requirement to submit your report to the Federal Audit Clearinghouse. You still must fully comply with OMB Circular A-133 and submit copies to the Clearinghouse.

Not registered yet? It's easy. Just click on this eZ-Audit link www.ezaudit.ed.gov and then click Registration Instructions to get registration information. After we receive your registration, we will email you a username and password within 24-48 hours. With this you can log onto eZ-Audit and get access to a helpful "Step-by-Step Guide" to assist you through the submission process. Please be aware that there is one guide for each institution type (public, not-for-profit, and proprietary). You can review these guides in advance by looking in the Publications section of IFAP under "Audit Guidance."

Important Reading. Prior to submitting anything though eZ-Audit, please first review the "Frequently Asked Questions" and "Common Submission Errors" on the eZ-Audit link above to make your submission process as easy and effective as possible.

Questions? We are always available to help if you experience any kind of problem. If you have a question, please contact our eZ-Audit Help Desk by email at fsaezaudit@ed.gov or by phone at 1-877-263-0780.

eZ-Audit is a web-based paperless method for submission of financial statements and compliance audits to FSA. A designee from your school simply signs on to eZ-Audit, enters summary audit and financial data directly from your report into a web form, attaches an electronic version of the report, and hits the submit button. As we process your submission, eZ-Audit lets you continually track its status to our resolution of it.