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Does LASS require a special format for reporting the electronic submission of the audited financial statements?

April 26, 2017audited electronic financial statements format lass require special submission

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Does LASS require a special format for reporting the electronic submission of the audited financial statements?

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A7. Financial data is reported on the Financial Data Template (FDT). The FDT follows the traditional format of basic financial statements. The FDT consists of the Balance Sheet, Statement of Operations and Equity, and the Statement of Cash Flow. In addition to the basic financial statements, LASS also contains a Computation of Adjusted Net Worth and Computation of Liquidity (if applicable). An updated Line Item Definition Guide, which defines each line in LASS, is available at: http://www.hud.gov/offices/hsg/sfh/lass/lass_doc.cfm.