Multifamily Single Audit Update

This Webinar will address the differences between a multifamily audit under the HUD Audit Guide versus one under Uniform Guidance. A basic knowledge of HUD audits is recommended. Specific topics will include:

• Basics of Uniform Guidance planning
• Applications of Compliance supplements
• Application of guidance where no compliance supplement is available. This is of particular interest for any NFP entity who has a HUD-insured mortgage, including how to apply the HUD Audit Guide
• Differences in reporting of findings and corrective action plans between the Guide and UG
• Required internal control over compliance testing
• Correlation of procedures between compliance and AFS testing
• Sampling strategies available for single audits