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HUD Audits of Multifamily Housing Projects: Audit Requirements Under the HUD Audit Guide 4172771B
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Dig into required procedures and documentation for audits of multifamily housing projects. Learn how they differ under the HUD Audit Guide and under the Uniform Guidance. Address Chapters 1-3 of the HUD Audit Guide and changes included in the Uniform Guidance. This also covers compliance requirements, sampling, findings, reporting, and deficiencies commonly found in HUD audits.

8/23/2017
When: 9:30 AM to 5:00 PM
Where: Webcast
CALCPA
4172771B
United States
Presenter: Laura Gale Lindal
Contact: April Deneault
801-466-10339


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Curriculums:   Governmental Accounting and Auditing,Auditing,Not-for-Profit

NASBA Credit Category:  Auditing (Governmental)

CPE Hours:  8

Description

Dig into required procedures and documentation for audits of multifamily housing projects. Learn how they differ under the HUD Audit Guide and under the Uniform Guidance. Address Chapters 1-3 of the HUD Audit Guide and changes included in the Uniform Guidance. This also covers compliance requirements, sampling, findings, reporting, and deficiencies commonly found in HUD audits. Discuss documentation and reporting requirements in association with the entity's REAC filing and the application of the new SSAE requirements regarding agreed-upon procedures.

Formerly titled: HUD Audits of Multifamily Housing Projects: Audit Requirements Under the HUD Audit Guide and the Uniform Grant Guidance

Materials are provided as an ebook.



Major Subjects

  • Overview of standards: HUD Audit Guide vs. Uniform Guidance
  • Planning, testing and sampling
  • Reporting
  • Compliance requirements
  • Electronic submission of financial data
  • Changes to requirements for agreed-upon procedures

Objectives

  • Recognize audit requirements of multifamily housing projects owned by for-profit or nonprofit entities.
  • Identify effective testing and sampling techniques.
  • Recall compliance requirements.
  • Determine required audit documentation.
  • Determine requirements for for-profit vs. nonprofit entities.
  • Identify requirements under the HUD audit guide.
  • Identify requirements under the Uniform Guidance.
  • Determine the changes under the newly issued SSAE regarding agreed-upon procedures.

Level:  Advanced

Designed For

Auditors and management of multifamily housing projects.

Advanced Prep:

None.

Prerequisite

Experience performing audits in accordance with, including the requirements of, generally accepted auditing standards and Government Auditing Standards.

Price:

Members: $245

Nonmembers: $375

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