Course

**CANCELLED** Advanced Auditing of HUD-Assisted Projects

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Event Details

Friday, November 15, 2019

8:00am – 4:00pm
(Registration: 7:30am)

Location

Holiday Inn

1100 5th St S

Great Falls, MT 59405

406-727-7200

Field of Study

  • Auditing (Governmental)                           

CPE Credit

8 hours CPE credit

Course Code

EOAHUD-47

Instructor

Level of Knowledge

Advanced

Vendor

AICPA

Prerequisites

Experience in conducting and/or planning HUD audits.

Description

Does your organization know what it takes to perform a HUD audit? During this course you will gain important insights into compliance pitfalls for HUD-assisted housing owners and managers. You will also assess and evaluate the latest changes in the federally-assisted housing industry and efficiently plan, perform and report a HUD-assisted engagement.

Highlights

  • HUD audit environment
  • Audit standards for audits of HUD-assisted projects
  • Fieldwork standards for audits of the HUD-assisted projects
  • Audits of HUD-regulated lenders
  • Reporting standards for audits of HUD-assisted projects
  • Annual financial statement requirements
  • Mortgagees

Objectives

When you complete this course, you will be able to:

  • Assess issues unique to the HUD-assisted project environment.
  • Interpret components of due professional care to the HUD-assisted project environment.
  • Reconstruct the required disclosures for HUD audits.
  • Evaluate the HUD’s policy on submission, review and reporting requirements.
  • Assess the requirements for the separate agreed-upon procedures engagement prior to submission of the financial data templates to real estate assessment center.
  • Contrast the compliance requirements for both Title I and Title II pproved lenders.

Designed For

CPA firm audit managers (and above) involved with the performance of audits of HUDassisted projects Government auditors and HUD assistance grantees.

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