As the new year begins, we are sending this GAQC Alert to inform you about the following activities and developments:
New guidance issued by the Federal Student Aid (FSA) section of the U.S. Department of Education (ED) titled, Suggested Single Audit Procedures Related to NSLDS Enrollment Reporting, relevant to single audits that include the Student Financial Assistance (SFA) Cluster and similar guidance expected for compliance audits of proprietary institutions;
Recently adopted revisions to the AICPA Code of Professional Conduct (AICPA