GAQC Alert No. 104
HUD considers this submission "unaudited" in that it does not include the upload of the audited financial statements and other required materials or the required agreed-upon procedures engagement comparing the hard copy FDS to the electronic FASS submission
Published on January 28, 2011
HUD Information Submission and Audit Requirements for PHAs and Multi-family Program Participants
Financial statement and other information must be submitted to REAC electronically by PHAs or multi-family program participants on FASS using templates (referred to as FASS templates) specifically designed for them. This page provides information about the process.
Published on April 10, 2013
Peer Review Checklists
Includes various Not-for-Profit and Governmental related Peer Review checklists published by the AICPA and available for your use to help improve audit quality.
Published on April 04, 2014
Not-for-Profit Entities 2012/2013 Audit and Accounting Considerations Member Web Event
Archived Web event titled, Not-for-Profit Entities: 2012/2013 Audit and Accounting Considerations. This event is intended to provide members performing not-for-profit entity financial statements audits with the latest information they need. Additionally, NFPs and their auditors need to be aware of new accounting and auditing standards that are effective for this
Published on November 09, 2012
HUD Information News
This site contains news items relevant to auditors of HUD engagements.
Published on July 21, 2014
HUD Information HUD Offices Relevant to HUD Audits and Related Background on FASS and LASS
The Real Estate Assessment Center's mission is to provide and promote the effective use of accurate and reliable information assessing the condition of HUD's portfolio; provide information to help ensure safe, decent and affordable housing; and to restore the public trust by identifying fraud, abuse and waste of HUD resources.
Published on July 08, 2014
Other Compliance Audit Information Relating to For-Profits
This is a summary of the various federal audit and attestation guides applicable to for-profit entities, as well as links to where auditees and auditors can find them.
Published on February 24, 2014
GAQC Alert No. 247
HUD Extends Filing Deadlines and Other News for Multifamily Housing Properties and Lenders
Published on March 31, 2014
GAQC Alert No. 159
In late 2009, HUD issued Mortgagee Letter 2009-31 titled, Strengthening Counterparty Risk Management (ML 2009-31), which resulted in sweeping audit requirement changes for supervised mortgagees that participate in the Federal Housing Administration (FHA) insured loan program.
Published on September 16, 2013
GAQC Alert No. 243
New FAQs on Uniform Grant Guidance-OMB Clarifies Suspension and Debarment Guidance-HUD Lender News-USDA Updates RUS Audit Guidance
Published on February 25, 2014