Considerations of a Governments Ability to Continue as a Going Concern
The consideration of an entity’s ability to continue as a going concern is required in every audit performed under generally accepted auditing standards (GAAS) and is an especially important consideration in the current state of the economy. This article discusses unique considerations for governmental entities.
Published on July 06, 2011
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
HUD Archived News Items
List of archived HUD related news items, resources and articles.
Published on November 24, 2014
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