Yellow Book Non Profit Multifamily Housing Audits, Section 8 Housing Audits, Multi-Family Housing Programs and Single Audit Act Programs Audit services

Generally, all participants of Non Profit Audits Public Housing, Section 8 Housing, Multi-Family Housing Programs and Single Audit Act programs must prepare annual financial reports in accordance with the Office of Management and Budget “Yellow Book” guidelines. The financial reports must follow generally accepted government auditing Standards (GAGAS). The reports must also be submitted to the OMB Clearinghouse electronically for processing within 9 months of their year-end for further review and potential inquiry.

Every year, over 250,000 Non Profit properties submit audited financial statements to the OMB CFDA Clearinghouse. OMB uses these submissions to assess the financial strength and regulatory compliance of each Non Profit entity, as well as, track program funding. Relatively few CPAs are qualified and can audit Yellow Book programs. Yellow Book A-133 audits are complex, specialized and require certain specific disclosures. Our firm’s sole focus and area of practice on Yellow Book Audits enables us to excel at performing these Audit services effectively and affordably.

Our Lead Auditors have a minimum of 25 years in the industry; our staff Auditors have a minimum of ten years in the field. Our firm is peer reviewed every 3 years and we remain current on new standards, regulations and trends through Continuing Education and peer to peer relations. We impart knowledge to avoid pitfalls that may affect you and your Yellow Book organization. Let us demonstrate our skills in providing exceptional Non-profit Yellow Book A-133 audit services. We will help you comply with Yellow Book requirements so you can avoid Inspector General scrutiny, penalties, sanctions and even termination from A-133 and Non-profit programs.