| ID | Status | Date | Public/Private | Industry | AHACPA Contact |
|---|---|---|---|---|---|
| #7689 | Closed | public | FHA Lender |
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The LEAP template appears incomplete. Not all typical balance sheet accounts are represented for the balance sheet submission. Almost no liability accounts and no expenses for the income statement. Do they only want partial information or is the Template incomplete as far as # an description? |
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From Mike Olsen: That is correct Joyce, they are no longer for ‘complete financials’ to be entered in the template. We now upload the complete financial packet, but for the numbers, they have ‘picked and chosen’ specific items they want reported on the fdt, so you report only those items asked for. Has been that way since we moved to LEAP from LASS beginning with 12/31/13 audits. |
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