| OMB.1845.0038.v10 (04433) .Table.10.20.10 |
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| Respondent Type |
Requirement |
# of Respondents |
# of Responses |
Total Hours/ Response |
Total Hours |
Description |
| Section A: Burden by Affected Entity |
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| 1. Private Sector |
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| 1a. Business or other for-profits |
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| Sub-total |
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| 1b. Not-for profits |
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| Compliance audits and audited financial statements - Audit submission requirements for foreign institutions - Audited financial statements |
34 CFR 668.23(h)(1) |
20 |
20 |
35.00 |
700 |
Audited financial statements - translation - reporting |
| Compliance audits and audited financial statements - Audit submission requirements for foreign institutions - Audited financial statements |
34 CFR 668.23(h)(1) |
-21 |
-21 |
100.00 |
-2,100 |
Reduction due to no longer being required to submit annual US GAAP prepared audited financial statments |
| Compliance audits and audited financial statements - Audit submisstion requirements for foreign institutions - Compliance audits |
34 CFR 668.23(h)(2) |
-81 |
-81 |
15.00 |
-1,215 |
Reduction due to alternate compliance audit submission requiring fewer hours for completion. |
| Sub-total |
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-82 |
-82 |
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-2,615 |
Net decrease in burden |
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| 2. Farms |
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| 3. State, Local or Tribal Governments |
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| Compliance audits and audited financial statements - Audit submission requirements for foreign institutions - Audited financial statements |
34 CFR 668.23(h)(1) |
16 |
16 |
35.00 |
560 |
Audited financial statements - translation - reporting |
| Compliance audits and audited financial statements - Audit submission requirements for foreign institutions - Audited financial statements |
34 CFR 668.23(h)(1) |
-70 |
-70 |
100.00 |
-7,000 |
Reduction due to no longer being required to submit annual US GAAP prepared audited financial statments |
| Compliance audits and audited financial statements - Audit submisstion requirements for foreign institutions - Compliance audits |
34 CFR 668.23(h)(2) |
-269 |
-269 |
15.00 |
-4,035 |
Reduction due to alternate compliance audit submission requiring fewer hours for completion. |
| Sub-total |
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-323 |
-323 |
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-10,475 |
Net decrease in burden |
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| Burden by Affected Entity Total |
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-405 |
-405 |
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-13,090 |
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| Section B: Burden Impact Totals |
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| Current # of Respondents |
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24,137 |
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| Current # of Responses |
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1,032,413 |
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| Current Inventory of Hours |
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965,878 |
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| Revised Total Respondents |
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-405 |
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| Revised Total Responses |
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-405 |
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| Revised Total Burden Hours |
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-13,090 |
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| TOTAL # RESPONDENTS |
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23,732 |
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| TOTAL # RESPONSES |
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1,032,008 |
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| TOTAL # HOURS |
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952,788 |
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| Section C: Burden by Regulation Group |
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| Compliance audits and audited financial statements |
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| Not for-profits |
34 CFR 668.23(h)(1) |
20 |
20 |
35.00 |
700 |
Audited financial statements - translation |
| Not for-profits |
34 CFR 668.23(h)(1) |
-21 |
-21 |
100.00 |
-2,100 |
Reduction due to no longer being required to submit annual US GAAP prepared audited financial statments |
| State, Local, or Tribal Governments |
34 CFR 668.23(h)(1) |
16 |
16 |
35.00 |
560 |
Audited financial statements - translation |
| State, Local, or Tribal Governments |
34 CFR 668.23(h)(1) |
-70 |
-70 |
100.00 |
-7,000 |
Reduction due to no longer being required to submit annual US GAAP prepared audited financial statments |
| Sub-total |
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-55 |
-55 |
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-7,840 |
Net decrease in burden |
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| Not for-profits |
34 CFR 668.23(h)(2) |
-81 |
-81 |
15.00 |
-1,215 |
Reduction due to alternate compliance audit submission requiring fewer hours for completion. |
| State, Local, or Tribal Governments |
34 CFR 668.23(h)(2) |
-269 |
-269 |
15.00 |
-4,035 |
Reduction due to alternate compliance audit submission requiring fewer hours for completion. |
| Sub-total |
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-350 |
-350 |
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-5,250 |
Net decrease in burden |
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| Total |
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-405 |
-405 |
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-13,090 |
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| Collection Package Grand Total |
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23,732 |
1,032,008 |
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952,788 |
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