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Intermediate HUD Accounting, Reporting and Budgeting

October 18, 2017
8:30 AM PST

Hilton San Diego Del Mar
15575 Jimmy Durante Blvd.
Del Mar, CA 92014
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  • Summary
  • CPE Information
  • Hotel Information
  • Presenter
  • Track 1
  • Track 2
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Do you want to learn the latest published information from the new HUD Administration? Is it time consuming to understand the latest guidance issued by HUD? Do you want advice on practical implementation of the latest industry changes? Is it challenging to apply the latest GAAP and GASB standards to your organization? Do you want insight on how other PHAs are managing their finances? If you answered “Yes” to any of these questions, then this course is for you. Now redesigned with two tracks to accommodate LIPH and HCV separately.


Pricing

Track 1 (October 18-19, 2017)
$600 Registration

Track 2 (October 20, 2017)
$400 Registration

Tracks 1 + 2
$900 Registration (save $100)


View the Agenda

There will be coffee at registration as well as an AM beverage service each morning.
There will be two breaks each day.
Lunch will be served each day at noon.
 
 

Return to PHA Finance
CPE Credits
Up to 14 total CPE credits for Track 1 and up to 6 CPE credits for Track 2

Cancellation Policy 
Seminar Registrants may cancel up to two weeks prior to a group live seminar for a refund, less a $25 processing fee; cancelled registration payments prior to the cutoff date can also be applied (in full) to any future event. Cancellations after the two week cutoff date will receive a full credit towards a future seminar. Event cancellations should be submitted in writing via email, and include attendee name, company, title of the event and indicate whether or not payment has been submitted. If payment has been submitted, please indicate the payment method (check/PayPal). All cancellations may be sent via email to Claire Russ at cruss@bdo.com.
 
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: Up to 14 total CPE credits for Track 1 and up to 6 CPE credits for Track 2
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
The Hilton San Diego/Del Mar is just minutes away from the beach, directly across the street from the Del Mar Fairgrounds, and less than 30 minutes from Downtown San Diego.
 
The BDO PHA Finance group rate of $149 per night is available to attendees Tuesday, Oct. 17 through Thursday, Oct. 19 on a first come, first served basis until the cutoff date of September 25, 2017 or block capacity.
 
Call 1-800-445-8667 to make your reservation in our block or at best available rates.
Brian D. Alten, CPA
Partner, BDO PHA Finance

Prior to combining with BDO and establishing BDO PHA Finance, Brian was a Director at Asher and Company. Before joining Asher in 2005 and developing the public housing accounting practice, Brian was a partner with PHA Finance, Inc. and co-creator of “The PHA Finance Solution.” Brian brings over 20 years of experience in areas of accounting and financial consulting for Public Housing Authorities (PHAs) across the nation. -
Track 1: Public Housing
October 18-19, 2017


8:30 A.M. - Registration
9:00 A.M. - 4:30 P.M. - Session


Topics Include:
A step-by-step guide to prepare your annual Operating Subsidy calculation; strategies to protect and utilize reserves; latest guidance from HUD regarding the refederalization of the COCC; details on new CFP BLIs and important EPIC reporting requirements for CFP annual and five year plans.

This course is constantly updated with all the latest financial guidance for the Capital Fund, Public housing and other various PHA grant and mixed financing programs.

Session Objectives
  • Recognize how to utilize and protect reserves
  • Discuss the possible implementation steps of the refederalization of the COCC
  • Identify at least 10 methods to increase funding resources
  • Demonstrate a step-by-step approach to preparing subsidy and utility calculation forms (52722 and 52723)
  • Review six tips to increase PHAS ratios and scoring and examine possible SE PHAS assessment changes
  • Calculate AMP-based reserves based on the latest HUD guidance
  • Identify new and existing CFP BLIs for accurate and timely obligations and expenditures
  • Determine steps for mandatory CFP annual plan reporting in the EPIC system
  • Analyze at least two types of allocation of costs (with or without the asset management model)
  • Implement a timely and efficient budget process
  • Discuss LIPH & CFP related updates to the Financial Data Schedule (FDS)
  • Review accounting and reporting requirements for new RAD projects
  • Discuss relevant LIPH related HUD, GAAP and GASB updates
Track 2: HCV
October 20, 2017

8:30 A.M - Registration
9:00 A.M - 4:30 P.M. - Session

Topics Include: 

Recognize allowable and unallowable sources of HAP funding; monitor funding and help maximize leasing for your HCV program; target minimum and maximum reserve thresholds; financial administration of port ins and port outs; accounting and reporting for RAD vouchers; highlights of requisition and year-end reporting of project based contracts and key reporting variances between FDS and VMS.

Session Objectives
  • Refine accounting skills for budgeting, accounting and reporting for the HCV Program
  • Discuss HCV program relevant FDS updates, including modifications to accommodate RAD reporting
  • Review recommended financial reports
  • Calculate HUD-Held Reserves and Restricted Net Position monthly
  • Discuss target year-end reserve levels
  • Identify allowable costs for allocation to HCV and related programs
  • Determine eligible uses of pre 2004 and post 2003 Administrative Fee reserves
  • Review VMS reporting requirements to mitigate common HUD & QAD issues
  • Estimate Unit Months Leased to forecast Section 8 Administrative budget revenues
  • Discuss streamlining rule accounting department impacts