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Subject: eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits

Publication Date: July 13, 2010

Posted Date: July 13, 2010

Subject: eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits

FR Type: Notice

[Federal Register: July 13, 2010 (Volume 75, Number 133)]
[Page 39922-39923]
From the Federal Register Online via GPO Access []


Submission for OMB Review; Comment Request

AGENCY: Department of Education.
SUMMARY: The Director, Information Collection Clearance Division, 
Regulatory Information Management Services, Office of Management 
invites comments on the submission for OMB review as required by the 
Paperwork Reduction Act of 1995 (Pub. L. 104-13).

DATES: Interested persons are invited to submit comments on or before 
August 12, 2010.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Education Desk Officer, 
Office of Management and Budget, 725 17th Street, NW., Room 10222, New 
Executive Office Building, Washington, DC 20503, be faxed to (202) 395-
5806 or e-mailed to with a cc: to

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management 
and Budget (OMB) provide interested Federal agencies and the public an 
early opportunity to comment on information collection requests. The 
OMB is particularly interested in comments which:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology.

    Dated: July 8, 2010.
Darrin A. King,
Director, Information Collection Clearance Division, Regulatory 
Information Management Services, Office of Management.

Federal Student Aid

    Type of Review: Extension.
    Title of Collection: eZ-Audit: Electronic Submission of Financial 
Statements and Compliance Audits.
    OMB Number: 1845-0072.
    Agency Form Number(s): N/A.
    Frequency of Responses: Annually.
    Affected Public: Businesses or other for-profit; not-for-profit 
institutions; State, Local, or Tribal Gov't, State Educational Agencies 
(SEAs) or Local Educational Agencies (LEAs).
    Estimated Number of Annual Responses: 5,900.
    Estimated Annual Burden Hours: 2,500.
    Abstract: eZ-Audit is a web-based process designed to facilitate 
the submission of compliance and financial statement audits, expedite 
the review of those audits by the Department, and provide more timely 
and useful information to public, non-profit and proprietary 
institutions regarding the Department's review. eZ-Audit establishes a 
uniform process under which all institutions submit directly to the 
Department any audit required under Title IV, HEA program regulations. 
eZ-Audit has a minimal number of financial template line items and 
general information questions. No additional burden hours have been 
    Requests for copies of the information collection submission for 
OMB review may be accessed from the Web site at
or from the Department's Web site at, by selecting the ``Browse Pending Collections'' link and by clicking on link number 4284. When you access the information collection, click on ``Download Attachments'' to view. Written requests for information should be addressed to U.S. Department of Education, 400 Maryland Avenue, SW., LBJ, Washington, DC 20202-4537. Requests may also be electronically mailed to the Internet address or faxed to 202-401-0920. Please specify the complete title and OMB Control Number of the information collection when making your request. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1-800-877- 8339. [FR Doc. 2010-17039 Filed 7-12-10; 8:45 am] BILLING CODE 4000-01-P

Last Modified: 07/12/2010