Implementation of SAS No. 134 and Related SASs reports can be accessed here.

Will There be a Blanket Extension to the Submission Deadline?

March 2, 2022

“Is there going to be a deadline extension?” It’s a question we are asked frequently this time of year. We do not expect a blanket extension. […]

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Clarification on the Implementation of Lender Net Worth Requirements

March 2, 2022

As most are aware, chapter 7 of the HUD Audit Guide modified the net worth calculation requirements by classifying all real property other than the […]

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2022 Reports and Letters

January 27, 2022

[February 7, 2022] This morning the AICPA’s GAQC released versions of the required HUD for-profit reports in accordance with SAS No. 134 for fiscal year […]

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Status of SAS 134 Engagement Letters & Reports

January 6, 2022

2/18/2022: PPC posted SAS No. 134 Compliant HUD For-profit Multifamily Auditor’s Reports Appendixes 8A, 8B, and 8D 1/27/2022: This morning the AICPA’s GAQC released […]

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False Overdue Tracking Letters

May 12, 2021

Date: May 11, 2021 Subject: False Overdue Tracking Letters The FASS-FHA team has identified a problem with the overdue tracking system. Housing issued a global […]

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FASS-PH Annual Reporting Training

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