The Accounting Series

Why Attend the Training Program?

Lack of specific guidance and limited information from regulatory agencies are the greatest challenges CPAs and development teams face in completing annual audits of subsidized housing.

Take advantage of this unique training opportunity specifically designed to give participants the knowledge and tools to conduct fully compliant audits of HUD-assisted properties and understand the inner workings of Low-Income Housing Tax Credit (LIHTC) Properties.

Participants will benefit from the expertise and experience of the program sponsors, PKF O’Connor Davies, LLP and Quadel Consulting & Training, LLC. These companies are leaders in their respective fields with more than 30 years of experience in training auditors. Together, they offer participants a combination of proven training abilities, expertise in technical requirements and practical experience in conducting HUD-Assisted and LIHTC audits unmatched by any other organization conducting similar training.

Note: This year, all seminars are one (1) day

Program Benefits

Participants who complete the training will:

  • Learn techniques and strategies to conduct efficient and cost effective audits.
  • Earn CPE credits to meet the GAO mandated CPE requirements.  A total of 8 hours are available; 7 hours in Auditing (Governmental) and 1 hour in Auditing (Specialized Knowledge).
  • No prerequisites or advanced preparation is required to attend this comprehensive training program.
  • Benefit from the interactive Group-Live format of the training sessions.
  • Gain insight about financial management issues and rules affecting subsidized properties from experts.

Meet the Trainers:
Stewart A. Grubman ||| Paul Collins

Topic Overview:

HUD Assisted Properties: Update and Tools

This training session includes recent updates and revisions as well as a detailed interpretation of HUD’s Consolidated Audit Guide, and brings together training expertise and experience in subsidized multifamily housing both in conducting program audits and identifying and resolving compliance problems.

Participants completing the course receive 7 CPE credits in Auditing (Governmental)

Update on LIHTC Subsidy Layering and Compliance Issues

Gain an overall understanding of the Low-Income Housing Tax Credit Program, including the flow of funds and motivation of stakeholders. Participants will understand the importance of accurate projections and how to avoid common pitfalls of structuring a deal. The format of this session brings together the training expertise and experience of the leaders and encourages discussion and sharing of knowledge and experiences of the participants.

Participants completing the course receive 1 CPE credit in Specialized Knowledge.

Program Level: Update
No Prior Experience Required

Registered CPE Sponsor:NASBA Logosmall

PKF O’Connor Davies 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 in 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:

Note: There is an option to register and not receive CPE credits.

Early Bird Pricing: Friday, October 4, 2017
Read the Cancellation Policy

Early Bird Pricing: Cutoff for Early Bird is close of business on Friday, October 4th.  Early Bird pricing is not eligible for group pricing.
Registering a Group? If you need to register four (4) or more individuals for any of these training offerings, please email with the names and email addresses of each participant, and we will invoice you at the Standard Price (not Early Bird) for 1-3 and then $50 off each registrant beyond that number ($25 for Non-CPE registrations).

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