HUD audits are performed on HUD-assisted multifamily housing projects owned by business entities and nonprofit entities. The drafted financial statements will comply with both generally accepted accounting principles and HUD's requirements, based on an audit of the financial statements in accordance with both generally auditing standards and generally accepted government auditing standards. The HUD Audit also includes the audit results in reporting on the project's compliance with laws and regulations affecting HUD-assisted programs.
If you would like to receive more information about our HUD Audit services, please call or email Stephanie A. Stohon at sstohon@wesselcpa.com
