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

Forms and Documents

Document Name	Status
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified
1845-0072 60-day FRN Comment Response.docx Supplementary Document	2019-05-15
eZ-Audit Suppporting Statement 2019 30D.docx Supporting Statement A	2019-05-15

IC Document Collections

IC ID	Document Title	Status
22336	eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified
207341	eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified
207340	eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits Form and Instruction	Modified

ICR Details

OMB Control No: 1845-0072	ICR Reference No: 201903-1845-001
Status: Historical Active	Previous ICR Reference No: 201601-1845-004
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 07/03/2019
	Date Received in OIRA: 05/21/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2022	36 Months From Approved	07/31/2019
Responses	6,100	0	6,100
Time Burden (Hours)	2,342	0	2,491
Cost Burden (Dollars)	0	0	0

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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 the Title IV, HEA program regulations. eZ-Audit continues to have minimal number of financial template line items and general information questions. There has been no change to the form or method of submission.

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Authorizing Statute(s): PL: Pub.L. 109 - 202 435(d) Name of Law: Third Higher Education Extension Act of 2006
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 9120	03/13/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 23042	05/21/2019
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits	N/A	N/A
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits	N/A	N/A
eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits	N/A	N/A

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	6,100	6,100	0	0	0	0
Annual Time Burden (Hours)	2,342	2,491	0	0	-149	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There are no program changes, adjustments to the number of burden hours or responses for this collection. There is a subtraction of 149 hours of burden being identified to correct a mathematical error in the previous filing.

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Annual Cost to Federal Government: $1,692,749

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 05/21/2019

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