Today the following was posted on the FASSUB Announcements page:

Oct 21, 2019: REAC decided not to modify FASSUB templates to adopt changes issued by the Financial Accounting Standards Board in ASU 2016-18. Read more at: https://www.hud.gov/program_offices/public_indian_housing/reac/products/mf_news

In the past month Les Sparks (president of AHACPA) has been in communication with individuals at HUD regarding this situation. He will be sending out a more detailed newsletter soon. 

Get the Latest Information by Attending one of our Continuing Education Courses

• 10/22 - Chicago, IL
• 10/31 - Columbus, OH
• 11/06 - Boston, MA
• 11/18 - New York, NY

• 10/23 - Chicago, IL
• 10/30 - Columbus, OH
• 11/19 - New York, NY
• 12/09 - Las Vegas, NV

Multifamily Conference
December 10th & 11th - Las Vegas

• 10/25 Session 2

Objective: To learn HUD accounting, auditing, and electronic submission requirements and how to efficiently implement those requirements.
Prerequisites / Advanced Preparation: General HUD accounting or audit experience. You do not need to print any course materials prior to your arrival. All materials will be provided for you.
Instructional Method: Group-Live with interactive discussion and Group Internet Based
Length / CPE Credits: One-day Update Courses provide up to 8 hours CPE credit (4 hours governmental accounting and 4 hours governmental auditing). Two-day Conferences provide up to 16 hours CPE credit (8 hours governmental accounting and 8 hours governmental auditing).
Cancellation Policy: 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 three weeks prior to the course. Requests received after this date, but one week before the course will receive a refund less an administration fee of $25 for Webinars, $50 for Update Courses, and $75 for Conferences. Due to financial obligations incurred by AHACPA, no refunds will be issued for cancellation requests received less than a week before the course.
Substitutions: If you are unable to attend a course you may substitute another individual or change locations without penalty. The location 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.