All times listed are in Eastern time unless indicated otherwise.
This session provides an overview of the basic terminology used in discussing financial statements and covers the following topics: Financial reporting framework used by PHAs to account during the year (i.e., cash vs. GAAP-based transactions) Monthly financial statements provided by fee accountant or finance and how these financial statements differ from year-end financial statements Types […]
This session will discuss financial management and reporting as well as FDS reporting. The following topics will be covered in this session: Proper accounting for revenues and expenses Calculating restricted net position (RNP) and unrestricted net position (UNP) Accounting for special issues such as fraud and portability Reconciliation of VMS to the FDS Changes in […]
This session will cover the basics of portability. Specifically, the session will cover the following topics: Family eligibility and responsibilities Initial & Receiving PHA responsibilities Portability billing Accounting for portability transactions Portability reporting (PIC, VMS, and FDS)
Board meetings are an essential part of PHA operations and each state has an approved Open Meetings Act (OMA) that agencies are required to follow. This session discusses the Board’s role and how to prepare for and conduct a Board meeting. The following topics will be covered in this session: Items to include in PHA […]
This session provides an overview of the SEMAP process and a drill down of the SEMAP indicators. The session will cover the following topics: SEMAP indicators calculated by HUD – Data sources and indicator calculation methodology SEMAP indicators based on PHA self-assessment – Quality control sample methodology and tracking systems How to submit SEMAP certification […]
OMB has established cost principles for federal programs, detailed in 2 CFR §200.400. This session defines the meaning of OMB’s term “final cost objective” and examines how costs are classified between direct and indirect costs. For indirect costs, the session provides options to properly allocate costs to the final cost objective using appropriate costs drivers. […]
Internal controls are the rules and procedures implemented by an agency to ensure operational efficiency, reliability of financial reporting, compliance with laws and regulations, and the protection of assets. OMB (2 CFR 200.303) requires PHAs to establish and maintain effective controls. This session covers: Purpose and components of internal controls How to evaluate and implement […]
This session provides information on the activities that are allowed to be charged against the Operating Fund, Capital Fund, and Housing Choice Voucher programs and discusses overall eligible costs, including cost allocation guidelines as determined by OMB. * This webinar is focused on the eligible uses of funds for HUD’s major PH and HCV programs. […]
This session targets the financial responsibilities associated with the Family Self-Sufficiency (FSS) Program. Topics to be covered include: Eligible uses of FSS funds (FSS Coordinator grant & FSS escrow forfeitures) Accounting for FSS coordinator grants, escrow account balances, and FSS forfeitures New financial reporting requirements for the Financial Data Schedule (FDS) related to the FSS Final Rule […]
This session discusses the funding methodology for the Housing Choice Voucher program and the provisions related to the allocation of those funds for the FY 2023 Appropriations. In addition, this session will highlight the various HAP and Administrative Fee categories and other program guidance contained in PIH Notice 2023-07. This session is particularly timely since […]
This session provides an overview of the SEMAP process and a drill down of the SEMAP indicators. The session will cover the following topics: SEMAP indicators calculated by HUD – Data sources and indicator calculation methodology SEMAP indicators based on PHA self-assessment – Quality control sample methodology and tracking systems How to submit SEMAP certification […]
PHAs that administer the Public Housing and Housing Choice Voucher program must be familiar with several HUD systems. This session provides information on the purpose of the following systems, PHA responsibilities, and the general reporting deadlines. Inventory Management System PIH Information Center (IMS/PIC) Modules Enterprise Income Verification (EIV) Operating Fund Portal – PH Operating Fund* […]