This course provides an introduction to the required concepts for auditing HUD Multifamily Projects. Topics include:

PART 1:

• Introduction to HUD
• HUD programs
• Why are these audits performed?
• Basic audit report package contents and structure
• Impact and reporting under Government Auditing standards
• Submitting data to HUD’s Assessment Center
• AICPA guidance on compliance audits
• HUD Audit Guide general requirements (Chapters 1 & 2)