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Wednesday, September 18, 2019 Iselin

Advanced Auditing of HUD-Assisted Projects (E1909091)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin, NJ 08830

8.0 CPE Credits in AA

OVERVIEW

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.

DESIGNED FOR

CPA firm audit managers (and above) involved with the performance of audits of HUD-assisted projects, government auditors and HUD-assistance grantees.

BENEFITS

  • 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 REAC
  • Contrast the compliance requirements for both Title I and Title II approved lenders

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

COURSE LEVEL

Advanced

PREREQUISITES

Experience in conducting and/or planning HUD audits.

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • *AICPA members deduct an additional $30 from applicable price.
  • Qualifies for Yellow Book.

Course materials are distributed electronically and we’ve passed the savings along to you - registrants save $20 on all 8-hour seminar pricing. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.

INSTRUCTOR

Philip Marciano

Philip Marciano, CPA, CGFM

Senior Manager

Marks Paneth LLP

Phil Marciano, CPA, is a Senior Manager within the Professional Standards Group at Marks Paneth LLP. He specializes in the quality reviews of audits of governments and nonprofit organizations, including Uniform Guidance (formerly OMB A-133) audits. The Professional Standards Group is responsible for monitoring quality control as mandated by professional standards. Specifically, he is part of a team that reviews all attest engagements, provides consultation on accounting and attestation matters, tests and monitors the firm’s quality review policies and procedures, and develops and delivers training material related to accounting and auditing standards, ethics and industry-specific matters.

Prior to joining Marks Paneth, Mr. Marciano gained several years’ experience with a mid-sized CPA firm on Long Island, providing accounting and auditing services to his clients within the government, education and nonprofit arenas. His experience includes engagements involving audit, attest and assurance services, Government Auditing Standards, Uniform Guidance, risk assessments, and internal control studies. He has led training seminars for his clients and professional staff on various topics. He has given seminars on behalf of the New York State Government Finance Officers Association, New York State Association of School Business Officials, and the Institute of Internal Auditors (Long Island Chapter) on various subjects including governmental and nonprofit accounting/auditing. Mr. Marciano is also an instructor for the AICPA.

PRICING

$279.00 - Member

$379.00 - Non Member

AICPA members receive a discount of $30 for this event.

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Request a reminder

Print a registration form

COURSE DEVELOPER

American Institute of CPAs

Qualifies For

  • Yellow Book