# TO: INDEPENDENT PUBLIC ACCOUNTANTS OF FOREIGN SCHOOLS

**SUBJECT: [Amendment No. 2 to Foreign School Audit Guide]{.underline}**

This notice makes the following amendments to our Foreign School Audit
Guide

(September 2002 Edition)(the Guide)

**[Background]{.underline}**

The Guide provides Independent Public Accountants (IPAs) contact
information for:

-   Requesting a listing of FFELP loans certified by the school during
    the fiscal year;

-   Questions related to financial statement contents and presentation;
    and,

-   Questions related to the Guide.

**[Description of Amendment]{.underline}**

The Guide is hereby amended to provide the new addresses and
telephone/fax numbers for (1) obtaining loan information and (2) asking
questions related to (a) financial statement contents and presentation;
and, (b) the Guide.

**[Effective Date]{.underline}**

This change is effective as of the date of this notice for all
engagements issued under the Guide.

**[Specific Changes to the Guide]{.underline}**

To reflect this amendment, the following pen-and-ink changes should be
made to the Guide:

[Section 1.5]{.underline}

Contact information for the IPA to report fraud or any other illegal
act:

Regular postal service, mail to

Deputy Assistant IG for Investigation Services

Office of Inspector General

> U.S. Department of Education**\
> **400 Maryland Avenue, SW**\
> **Washington, DC 20202-1500

For other overnight services (Federal Express, UPS, etc.), send to

Deputy Assistant IG for Investigation Services

Office of Inspector General

U.S. Department of Education

Mail Stop 1500

7100 Old Landover Road

Landover, MD, 20785-1506

TEL: 202-245-7058

FAX: 202-245-6990

[Section 1.7 and Appendix B.2]{.underline}

Address from which to request listing of FFELP loans certified by
school:

United States Department of Education

Federal Student Aid, School Eligibility Channel

Foreign Schools Participation Team

Attention: FFEL Student List Request

Union Center Plaza, 73D1

830 First Street, NE

Washington, D.C. 20202-5340

FAX: 202-275-3486

[Section 1.8]{.underline}

Address to send audit report packages

U.S. Department of Education

Federal Student Aid, School Eligibility Channel

Document Receipt and Control Center

830 First Street, NE, Room **71I1**

Washington, D.C. 20202-5340

Phone number for shipping label 202-377-3168

[Section 2.2 and Appendix B.3]{.underline}

Questions regarding financial statement contents and presentation,
contact:

United States Department of Education

Federal Student Aid, School Eligibility Channel

Foreign Schools Participation Team

Union Center Plaza, 73D1

830 First Street, NE

Washington, D.C. 20202

TEL: 202-377-3168

FAX: 202-275-3486

[Section 2.2; Section 3.7; Section 4.7; and, Appendix B.4]{.underline}

New OIG address and telephone/fax numbers regarding questions related to
the Guide:

U.S. Department of Education

Office of Inspector General

Non-Federal Audit Team

1999 Bryan Street, Suite 1440

Dallas, TX 75201-6817

TEL: 214‑661-9530

FAX: 214‑661-9531

[Appendix B.1]{.underline}

ED Foreign School Audit Guide website.

<http://www.ed.gov/about/offices/list/oig/nonfed/sfa.html>

[Questions]{.underline}

Questions about this amendment may be directed to the contact
information in Appendix B.4 of the Guide.

Hugh Monaghan

Director Non-Federal Audit Team