Novogradac Reviewing Audits of Lower-Tier LIHTC Partnerships Webinar (Oct 2020)

Friday, October 30, 2020 - 10:00am to 12:00pm
October 30, 2020 - 10:00am to 12:00pm
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This webinar airs from 1 p.m. to 3 p.m. ET (10 a.m. to 12 p.m. ET)

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

Morgan Debusk, CPA
Manager
Novogradac

Stacy Gordon, CPA
Manager
Novogradac

Topics Covered

Concepts

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

Elements of the Final Product

  • 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

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
Receiving Login Info and Handouts
CPE Information

Registration Rates*

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

*The standard and nonprofit registration fee for live online webinars and for webinar recordings covers a SINGLE VIEWER ONLY. If multiple persons within an organization wish to view the webinar and/or its recording (regardless of whether they view it on a single computer or multiple computers), the organization must purchase a registration for each person.