The information provided was a great refresher and reminded me how important being extremely organized and consistent is for ensuring compliance and a positive student experience. 

I learned that an Agent has to return their agents license within 10 days if they resign or are terminated from their role. 

I learned that best practice is to have the Internal Audit lead report to the Board Directly rather than to the CEO.

I learned about the ifap.ed.gov website and how to keep up to date on disclosure requirements. 

The importance of understanding the criteria for placement categories, including in-field, related, and out-of-field for reporting and placement rate calculations.

This module was helpful in terms of thinking through how to best leverage limited internal audit capacity. Specifically, I will ensure that the following strategies are deployed at my campus.

• Identify areas that are likely to be focused on by individual regulatory agencies and across agencies.
• Identify areas that have high-performance expectations and that audit findings are common.
• Create and train staff on SOPS aligned with high risk areas.
• Assign clear for compliance in specific areas and review internal procedures and outcomes regularly.
• Develop a structured process for auditing high-risk areas and a structure for avoiding repeat findings.