PHA Conference Webinar 2020

We are pleased to offer our PHA Conference as a 3-day webinar series


Course Fees

Register for 1, 2, or all 3 days.  Each day provides up to 16 hours CPE credit (5.3 per day).  Days 1 and 2 are primarily Governmental Accounting.  Day 3 is primarily Governmental Auditing.

Receive a $50 discount when you register for all 3 days.

Course Course
06/24 - Day 1 $149 $129
06/25 - Day 2 $149 $129
06/26 - Day 3 $149 $129
All 3 days $397 $337


Pacific Mountain Central Eastern
06/24 - Day 1 8am - 1pm 9am - 2pm 10am - 3 pm 11am - 4pm
06/25 - Day 2 8am - 1pm 9am - 2pm 10am - 3 pm 11am - 4pm
06/26 - Day 3 8am - 1pm 9am - 2pm 10am - 3 pm 11am - 4pm


Daily Agenda

(Agenda subject to change based on possible new information from HUD)

Wednesday, June 24, 2020
Day 1 - Public Housing Update
Who should attend? Executive directors, Commissioners, PHA Management, Finance Personnel, and CPAs
Approx Time
(Eastern time)
11:00 AM - 12:15 PM Session 1: PHA Financial Management - HUD's New Focus
This session will discuss the latest in HUD's focus on financial management of PHAs. We will include information regarding financial condition notices being sent to PHA regarding issues with net position, amount other things.
12:15 PM - 12:25 PM Break
12:25 PM - 1:30 PM Session 2: Voucher Program in the year 2020
Session will include the most up-to-date information on the voucher program. We will be covering COVID-19 funding. Further, by the time of the conference we anticipate having
information of HAP funding, and 2020 reporting requirements. We will also be discussing the waivers applicable to PIH Notice 2020-05.
1:30 PM - 1:45 PM Break
1:45 PM - 2:15 PM Session 3a: Voucher Program in the year 2020 - Continued
2:15 PM - 2:45 PM Session 3b: Public Housing/Capital Fund in the Year 2020
COVID-19 has brought many changes to public housing for the 2020 year.  Supplemental funding has already occurred and addition reporting requirements will soon be announced. Further, program rules around fee income, capital fund flexibility are completely revised for this year.
2:45 PM - 2:55 PM Break
2:55 PM - 4:00 PM Session 4: Public Housing/Capital Fund in the Year 2020 - Continued


Thursday, June 25, 2020
Day 2 - Public Housing Asset Repositioning
Who should attend? Executive directors, Commissioners, PHA Management, Finance Personnel, and CPAs
Approx. Time
(Eastern time)
11:00 AM - 12:15 PM Session 1: What is the Future of My PHA? Asset Repositioning
This session provides an overview of strategies allowed by HUD for PHAs to convert their projects from public housing to other subsidy streams. These include RAD, voluntary conversion and Demo. The goal of this session is to discuss the various ways PHAs have
implemented these conversions utilizing PBV or PBRA to more fully understand the accounting and financial reporting impact.
12:15 PM - 12:25 PM Break
12:25 PM - 1:30 PM Session 2: RAD Deal Structure and Related Accounting
This session will focus on the challenges of HUD's focus on asset repositioning. This includes basic conversions to complicated deals that uses tax credits and other financing options. The goal of this session is to discuss strategic choices PHAs have available and the impacts of each option. Includes a discussion of potential cash flows as well as
accounting and reporting challenges.
1:30 PM - 1:45 PM Break
1:45 PM - 2:50 PM Session 3: Asset repositioning and Program Income
This session will examine whether federal definitions of program income apply to the HUD funding sources and assets used to support the RAD conversion and if so,

* How should these funds be accounted for and reported (i.e., reported in public housing, business activities, state/local COCC, etc.) and
* What activity may the program income be used to support or if these funds must be returned to HUD. Topics to be discussed are PHA loans of CFP funds and operating reserves, land lease payments, surplus cash distribution from PBRA properties, etc.

The session will also discuss the impact of PIH Notice 2019-13 (Public Housing ACC Termination and PHA Closeout) on PHAs that no longer administers public housing because of a RAD conversion(s).

2:50 PM - 3:00 PM Break
3:00 PM - 4:05 PM Session 4: Running a PBRA Program - How Different is it From What I Already Know?
Here we will discuss the requirements of operating a PBRA Section 8 program. The session is designed to eliminate concerns about converting from public housing to a PBRA
program.  No PHA should feel they cannot operate this program. We will cover recertification, form differences and TRACs.


Friday, June 26, 2020
Day 3 - Accounting/Auditing Update
Who should attend? Finance Personnel, Accounting Personnel, and CPAs
Approx. Time
(Eastern time)
11:00 AM - 12:10 PM Session 1: Affiliates, Instrumentalities, Non-profits & Component Unit Reporting (GASB Update)
This session will discuss how non-PHA entities are involved in RAD conversions and the impact on PHA financial statement reporting. Discussion items will include:

* Key elements that need to be considered in determining if the separate legal entities meet the definition of a component unit (either blended or discrete). 
* How should various transactions between the PHA and component units be reported and eliminated, and possible impact to a PHA’s allocation plan/ COCC, etc.  While this discussion will focus on RAD conversion, the same principles could be applied to historical tax credits deals (e.g., mixed finance projects).   

12:10 PM - 12:20 PM Break
12:20 PM - 1:30 PM Session 2: Yellowbook and Audit Standards Update
2020 audits will be first to implement a significant set of new standards. These will include the new Yellowbook and revised audit standards. This session will focus on the largest of those changes. Also, we will discuss new areas of focus in Uniform Guidance.
1:30 PM - 1:45 PM Break
1:45 PM - 2:45 PM Session 3: Auditing in the 2020 COVID-19 HUD Environment
As a result of the COVID-19, HUD has issued guidance on the acceptability of electronic signatures and has also issued 3 new PIH Notices. These Notices include:

* Waivers of many requirements
* Supplemental HAP funding
* Supplemental Operating Fund monies

Each of these Notices will have significant impact on your next public housing audit.

2:45 PM - 2:55 PM Break
2:55 PM - 4:00 PM Session 4: Completing PPC Risk Assessment forms and compliance with new auditing standards
During this last session we will be completing PPC forms for compliance with current AICPA peer review requirements and 2020 standards. Many practitioners discuss with us the various interpretation peer reviewers have about these forms.

CPE Details - Webinars

Who Should Attend: PHA Financial Personnel, Auditors, Fee Accountants, and Financial Managers
Learning Objective: To learn HUD accounting, audit, and electronic submission requirements and how to efficiently implement those requirements.
Program Knowledge Level: AHACPA offers update-level courses. You should have a basic working knowledge of General HUD accounting or audit experience.
Prerequisites/Advanced Preparation: Materials do not need to be printed prior to the course. Attendees will be given a link to download materials.
Instructional Method: Group-Internet based with interactive discussion (via chat), guides, practice aids, case studies.
Length/CPE Credits/Field of Study: The three-day webinar provides up to 16 hours CPE credit (5.3 credits per day).
Refunds and Cancellations: All cancellation requests must be received in writing (email or fax is fine). Registration fees are fully refundable provided the request is received at least two business days prior to the webinar. In the unlikely event that AHACPA must cancel a course, all registrations fees paid to AHACPA by attendees will be refunded in full.
Substitutions: If you are unable to attend a course you may substitute another individual or change locations/webinar dates without penalty. The change must be within the same calendar year. For proper CPE credit and record keeping, you must notify us in advance of any substitution or change in location.
Contact Information: For more information regarding refund, complaint, and/or program cancellation policies, please contact our office at 801-547-0809.

AHACPA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education onthe National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
  • The information contained on this site is designed to provide accurate information in regard to the subject matter covered. However, this site is not a substitute for the promulgated standards or regulatory guidance. The information is provided with the understanding that AHACPA is not engaged in rendering legal, accounting, or other professional advice. If such advice is required, the services of a competent professional should be secured.