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What audit guidance is available for the Housing Development Cost Certifications required of certain HUD Programs?

April 26, 2017audit certain certifications COST Development guidance HOUSING HUD Programs

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What audit guidance is available for the Housing Development Cost Certifications required of certain HUD Programs?

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• The HUD Handbook 2000.4, REV-2, Audit Guide for Audits of HUD Programs (and its subsequent revisions) is authorized or required for certain HUD Program development cost certifications and/operational audits. Refer to the HUD Handbook, including Chapter 5, Development Cost Certification Audit Guidance. It is intended for use by for-profit mortgagors to provide audit guidance for the audit of development cost certifications of certain HUD programs. However, as stated in the Handbook, this chapter can also be used to provide audit guidance to not-for-profit mortgagors for their audits of development cost certifications as provided for under OMB Circular A-133, paragraph 235(a), program-specific audit guide available.