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Advanced Auditing of HUD-Assisted Projects (4161039B)
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Gain important insights into compliance pitfalls for HUD-assisted housing owners and managers. Learn to recognize and apply the latest changes in the federally-assisted housing industry and efficiently plan, perform, and report a HUD-assisted engagement. Uncover the effects of OMB on HUD-assisted not-for-profit entities. This is an AICPA course.

 Export to Your Calendar 11/18/2016
When: 9:30 am - 5:00 pm
Where: Webinar/Webcast
United States
Contact: April Deneault
801-466-8022


Online registration is available until: 11/17/2016
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Acronym AHUD
CPE 8
Category
Auditing (Governmental)
Level Advanced
Vendor AICPA
Who should attend CPA firm audit managers and others involved in auditing HUD-assisted projects, government auditors and HUD-assistance grantees.
Prerequisite
Some experience with HUD-assisted projects or equivalent knowledge.
Fees: Early Bird
Standard
Member N/A
$245
Non-Member: N/A
$375

The Member rate applies to UACPA members and reciprocal state society members. To register online, use the ‘Register’ button above. To register by phone, call the UACPA at 801.466.8022, Monday through Friday, 8am to 4pm.

Description:
Gain important insights into compliance pitfalls for HUD-assisted housing  owners and managers. Learn to recognize and apply the latest changes  in the federally-assisted housing industry and efficiently plan, perform,  and report a HUD-assisted engagement. Uncover the effects of OMB on HUD-assisted not-for-profit entities.
This is an AICPA course.

Major Topics:

  • HUD audit environment
  • Audit and fieldwork standards for HUD-assisted projects
  • Audits of HUD-regulated lenders
  • Audit reporting standards for HUD-assisted projects
  • Annual financial statement requirements
  • Mortgagees

Objectives:

  • Identify unique issues of HUD-assisted project environment.
  • Determine components of due professional care that are applied to the HUD-assisted project environment.
  • Identify required disclosures for HUD audits.
  • Recognize HUD's policy on submission, review and reporting requirements.
  • Identify the requirements for the separate agreed-upon procedures engagement prior to submission of the financial data templates to REAC.
  • Determine compliance requirements for Title I and Title II approved lenders.

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