Implementation of SAS No. 134 and Related SASs

01/06/2022: We do NOT have the updated SAS 134 Engagement Letters, AUP Engagement Letters, Communications, etc. Please refer to https://ahacpa.org/announcements/sas-134 for additional information. When those become available we will send out an email blast. 

New Agreed-Upon Procedures Reports Available

October 18, 2017

[Update] HUD posted the following on their website today.

Statement on Standards for Attestation Engagements 18 (SSAE 18)

FASSUB requires that audited submissions contain an attestation in which a CPA compares the electronic submission with the hard copy audit report.  In April of 2016 the AICPA released Statement on Standards for Attestation Engagements 18 (SSAE 18). The FASS-FHA team revised the language for the Independent Accountant’s Report on Applying Agreed-Upon Procedure to conform with the AICPA’s revised guidance.  The changes to the attestation reports were implemented on October 14, 2017.


October 16, 2017

REAC/FASSUB (Multifamily) has updated their system to reflect new language in the Agreed-Upon Procedures Reports (AUP).  AHACPA has created new downloadable reports with the updated language. AHACPA’s sample reports are available for Multifamily Profit-Motivated (.docx* / .pdf) and Multifamily Non-Profit (.docx* / .pdf) entities. To date, we are unaware of HUD making similar updates to the FHA-LEAP AUP Reports.  However, we have created a sample report for FHA-lenders (.docx* / .pdf) based on the multifamily report.

*.docx files can be downloaded by AHACPA members after logging in.

Please post any questions to our Support Page.

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