What is AICPA College and University Audit Guide Model ?
AICPA College and University Audit Guide Model meaning A financial reporting model defined by AICPA. The audit guide contains the primary standards for financial reports of public colleges and universities prior to the effective date of GASB Statements 34 and 35. Standards of this Guide were permitted as one alternative by GASB Statement No. 15 for public institutions.
reference: IPEDS Data Collectrion System – Glossary