Novogradac Reviewing Audited Financial Statement of Lower-Tier LIHTC Partnerships Webinar -(DEC 2019)

Thursday, December 19, 2019 - 10:00am to 12:00pm
December 19, 2019 - 10:00am to 12:00pm

This webinar addresses the purpose and process of a financial statement audit of lower-tier low-income housing tax credit (LIHTC) partnerships and reviews the specifics of the auditors' report, financial statements and notes.

Instructors 

 

Topics Covered

Concepts

  • Auditor independence
  • Reasonable assurance
  • Materiality
  • Presentation and disclosure
  • Low-income housing credits

Elements of the Final Product

  • 2019 Accounting principles 
  • Report of independent auditors
  • Balance sheet
  • Statement of operations
  • Statement of changes in partners' capital
  • Statement of cash flows
  • Financial statement notes

Related Items

  • Management representation letters
  • Auditor-proposed adjusting journal entries
  • Open items lists

Praise from Past Attendees

CPE Information

Target Audience

This webinar is intended for developer asset managers, syndicator asset managers, developer controllers and accountants, partnership agents, capital account maintenance professionals and transaction team members.

Members of other CPA firms: be advised that in this basics webinar Novogradac & Company will not reveal trade secrets or "tricks of the trade" for conducting audits.

Terms and Conditions

Login Info, Handouts and Access to the Recording

Registration Rates

Standard: $110
Nonprofit: $95
Multiple Registrations: $100/person ($85/person for nonprofits)