23rd Annual PHA Conference 2022

June 28th & 29th, 2022
Las Vegas, NV

Schedule - Pacific Time Zone
June 28th - 8:00 a.m. to 5:00 p.m. (social hour follows)
June 29th - 8:00 a.m. to 3:00 p.m.
Click here for printable agenda

Day
Hour
Minute
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Our PHA Conference provides professional education for Public Housing Financial Personnel, Auditors, Fee Accountants, and Financial Managers. Each session is presented by experts in the industry.

Venue / Room Reservations

The Cosmopolitan, Las Vegas | 3708 Las Vegas Blvd South Las Vegas, NV 89109.


We have a limited number of rooms reserved at the rate of $179 per night using the group code SCHH21. Reservations must be made by 06/06/2022 by calling (855) 435-0005 or online at this link: https://book.passkey.com/go/AHACPA2022. Room reservation availability is on a first come first serve basis. Group room rate is valid for June 27 & 28. We do not guarantee the availability of guest rooms.

Registration

Course Fees - In-Person Attendee

Member Rate Nonmember
Early Registration $700 $750
After 06/06 $750 $800

Course Fees - Virtual Attendee

Member Rate Nonmember
$600 $650

Tuesday, June 28th, 2022

Schedule Topic & Description Speaker(s)
8:00 AM - 9:40 AM Session 1 – Public Housing Program Update

This session will cover timely topics associated with the Public Housing program.  Topics covered in this session include: 1) General PH updates and risk areas,  2) Updates to HUD guidance on PIC reporting for Tenant Unit Status category and sub-categories for Operating Subsidy; 3) PIC reporting for unit designated as elderly or disabled; 4) Re-start of scoring under the Public Housing Assessment System – PHAS; and 5) CAREs Act closeout / SF-425

Chris Kubacki - Phineas Consulting
9:50 AM - 11:30 AM Session 2 – REAC Update

Session will cover latest HUD/REAC initiatives affecting PHAs. These include NSPIRE, resumption of PHAS scoring, physical inspections and financial assessments.

Ashley Sheriff - HUD Deputy Assistant Secretary, REAC
12:30 PM - 2:00 PM Session 3 – HCV Program Update

This session will cover timely topics associated with the HCV program.  Topics covered in this session include: 1) General HCV program updates, 2) Changes to Family Self-Sufficiency (FSS) program escrow account per Section 306 of the Economic Growth Act; and 3) VMS reporting - new VMS data fields (e.g., Emergency Housing Vouchers) and other updates to Voucher Management System (VMS) data fields.

Ron Urlaub - Urlaub & Co., PLLC
2:10 PM - 3:40 PM Session 4 – RAD Financial Reporting

This session will cover key financial reporting considerations for PHA RAD conversions including the type of funding contract utilized, no debt transactions, conversions involving low-income housing tax credits (LIHTCs), and final closeout of the Public Housing Program.

Wendell Conner - Director Quality Control, HUD
3:50 PM - 5:00 PM Session 5 – Status of Quality Assurance Operations – QASS

REAC has been conducting Quality Control Reviews (QCRs) remotely for the past two years; during FFY 2022 REAC has resumed on-site CPA firm QCRs. This session will cover the REAC QASS QCR process and discuss common findings during recent reviews.

Darius Miknaitis  -
Auditor, Quality Assurance Subsystem (QASS), HUD

Wednesday, June 29th, 2022

Schedule Topic & Description Speaker(s)
8:00 AM - 9:40 AM Session 6 – GASB Update

Session will cover the latest PHA impacts from Leases and Component Units. This session will include increased focus on the nature of component unit relationships to the reporting entity. Further impact of these decisions on the reporting entity as well as audit impacts. Group audit standards will also be discussed as to relevance. Will contain specific examples for contracts and other agreements. Impact of asset repositioning will be included.

Chad Porter - Smith Marion & Co, LLP
9:50 AM - 11:30 AM Session 7 – Audit Update

Focus on recent audit standard changes affecting PHA audits, including all reports. Review of specific Single Audit changes and impacts to the compliance supplements. Emphasis on new opinion letters and FASS-PH Agreed Upon Procedures (Example report, need for separate engagement letter, new process – attach own AUP report.)

Les Sparks - AHACPA
12:30 PM - 1:50 PM Session 8 – Challenges in PHA Audits – What are we
missing?

Session will focus on key audit issues being addressed in Peer and QASS Reviews. We will address items highlighted in these reviews.

Les Sparks - AHACPA
2:00 PM - 3:10 PM Session 9 - Q & A Speaker Panel

Speakers

CPE Details

nasba

AHACPA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the 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: www.nasbaregistry.org.