- California RD Property with outstanding mortgage financed by tax exempt bonds
Our client received a deficiency notice regarding the filing of the 2017 Audited Financial Statement. The notice indicated there was…
- RD new regulations
Is the new regulation for for profit entities based on units or subsidy? The regulation says no audit requirement if…
- Rural Development final rule financial reporting requirements 515 programs
Hello, Since RD issued the final rule related to financial reporting requirements in 2017 moving to a risk based modified…
- RD – New Financial Statement Certifications
Les, In an October 2017 Federal Register, there was discussion regarding a proposed rule that would add 3 new borrower…
- Nonprofit Rural Development Audit Requirement
I have an RD client that has expended roughly $650,000 of federal awards and has 32 units. Previously, this client…
- Rural Development Audit Fees
I have a general question relating to RD audit fees that I'm hoping you can help me with. I've been…
- Effective date of reduced reporting requirements
Les, the new rules are optional for fiscal 2018, mandatory for 2019. Presumably, this refers to RD’s fiscal year end,…
- Audit Requirements Questions
One of my clients will be selling/purchasing two USDA projects, and we are trying to determine what the audit requirements…
- RD Final Rule – Forms 3560-10 & 3560-7
We are looking ahead to our 12/31 Rural Development audits and I wonder if you can assist / clarify what…
- RD Audits
I have a potential new RD client that has 42 units and a RD mortgage loan balance that is less…
- Rural Housing Update: Final Rule on Modified Financial Reporting Requirements
I attended the Vegas Multifamily Conference and I wanted to clarify something: With the effective date of the new reporting…
- RD MULTIFAMILY AUDIT 1/1/17-12/31/17
Is the RD rule issued 10/25/17 (doing away with the agreed upon procedures) effective for 12/31/17 audits or 12/31/18 audits?…
