This course discusses the basics of budgeting, accounting and reporting for the Capital Fund. The session will explain obligation and expenditures deadlines and provide guidance on eligible and ineligible costs.
  • Webinars

    BDO webinars bring our community together in an online setting
    to connect with each other and share insights into the topics and trends.

Financial Background of CFP Accounting

June 25, 2020
1:00 PM to 3:00 PM EST

Grace Fuentes
Email
  • Summary
  • Learning Objectives
  • CPE Information
This course discusses the basics of budgeting, accounting and reporting for the Capital Fund. The session will explain obligation and expenditures deadlines and provide guidance on eligible and ineligible costs. The accounting entries for the CFP grant will be explained including the use of contra-accounts. In addition, this course will provide additional information for obtaining extensions for obligations and closing out the CFP grant to the Public Housing program. 

Register today! 

Pricing: $125
  • Review the obligation and expenditure deadlines
  • Differentiate between CFP eligible costs and LIPH eligible costs
  • Discuss the elements of the Five Year Action Plan and Annual Statement/Budget
  • Demonstrate how accounting entries are completed in the general ledger for each eligible cost 
  • Review the details of the EPIC systems
  • Recognize the differences between Hard and soft costsReview the details of the EPIC systems
  • Describe the process to complete an Actual Modernization Cost Certificate
CPE Requirements
To  receive CPE credit for participation in a BDO webinar program, you must respond to the occasional polls that appear throughout the program. You will receive an email notification following the program if you completed the necessary polls and qualified for CPE credit. This email will include instructions on how to access your CPE certificate.

BDO USA, LLP 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
 
Delivery: Internet Based
Prerequisites: None
Advanced Prep: None
Credits: Estimated up to 2 CPE Credits
Program Level: Basic
BDO USA, LLP 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