Looking for a CPA firm to perform an audit for your Public Housing Authority? As part of the request for proposal process, you can request a copy of a CPA firm’s most recent peer review report. It’s important to know how to read these reports so that you can be

Last updated on September 5th, 2025High turnover rates have long been an area of concern for public housing authorities. High rates of staff turnover not only hurt PHAs financially but also reduce the quality and efficacy of programs. Low retention rates can be attributed to a variety of factors, including

Last updated on August 4th, 2025The budget reconciliation bill, known as the One Big Beautiful Bill Act (OBBBA), after being passed by the Senate and House, was signed into law by the president on July 4. This expansive piece of legislation introduces significant changes to existing tax and spending policies,

Last updated on July 10th, 2025Internal controls in Public Housing Authorities ensure that public funds are being allocated and used properly. Management at all levels is responsible for implementing and updating these controls. When correctly implemented, a system of internal controls helps to minimize financial risk, prevent fraud, and maintain

Last updated on June 16th, 2025Single audits—required for all non-federal entities expending over $750,000 in federal assistance during the fiscal year—examine an organization’s financial statements and compliance with federal award requirements. Single audits look at an entity’s financial records, policies, documentation, and internal controls, as well as how the organization

Like many organizations, Public Housing Authorities rely on online systems to carry out a wide range of essential operations. However, PHAs using antiquated software often face a multitude of challenges and frustrations. Outdated software impedes operations, leads to delays, hinders financial processes, and increases the PHA’s susceptibility to cyber threats.

Last updated on April 22nd, 2025By October 1, 2025, HUD-assisted properties must implement the NSPIRE standards, a new set of standards for physical inspections of HUD properties. HUD property owners and landlords should familiarize themselves with the new standards and implement the required changes to inspection procedures prior to the

Last updated on March 18th, 2025A fee accountant is an external accountant hired by a Public Housing Authority on a contractual basis to handle the organization’s accounting responsibilities. The use of a fee accountant can improve the accuracy and efficiency of an Authority’s financial reporting, give the Authority access to