
Multifamily Single Audit Update
November 17 @ 10:00 am - 1:35 pm MST
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