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Financial Assessment of Public Housing Agencies

Federal Register Notices, Rules, & Regulations

Deregulation for Small Public Housing Agencies: Final Rule, 24 CFR Parts 902, 903 and 985, 06/24/03
Public Housing Assessment System (PHAS): Notice Adopting Interim Scoring Methodologies for PHAS Physical Condition and Financial Condition Indicators 3/15/02
Public Housing Assessment System (PHAS): Information about PHAS Interim Scoring Methodology for Public Housing Agencies(PHAs)with Fiscal Years Ending On or After September 30, 2001: Introduction Notice; 11/26/01
Public Housing Assessment System (PHAS): Financial Condition Scoring Process Interim Assessments; 11/26/01
Public Housing Assessment System (PHAS): Revised Timetable for Issuance of Management Operations Official Scores and Notice of Intent to Commence Informal Meetings on PHAS 05/30/01
Public Housing Assessment System; Financial Condition Scoring Process; Notice 12/21/00
Public Housing Assessment System (PHAS): Notice of Extended Submission Period for PHAS Management Operations Certification and Audited Financial Statement for Certain PHAs 11/21/00
Public Housing Assessment System Financial Condition Scoring Process; Notice 6/28/00
Uniform Financial Reporting Standards: 24 CFR Part 5, et al Final Rule: 3/27/00
Technical Correction to PHAS Final Rule 6/6/00
Public Housing Assessment System (PHAS) Final Rule: Amendments to 24 CFR Part 902 1/11/00 (44pgs/k)
Notice Clarifying Manual Submission and Extension Request 11/23/99 (3pgs/9k)
Public Housing Assessment System Proposed Amendments to 24 CFR Part 902 6/22/99
Public Housing Assessment System Financial Condition Scoring Notice: 6/23/99 (8pgs/119k)
Uniform Financial Reporting Standards: 24 CFR Part 5, et al Final Rule: 9/1/98 (13pgs/82k)
Public Housing Assessment System Final Rule: 24 CFR Parts 901 and 902 9/1/98 (33pgs/233k)

Handbooks, Guidance, and Instruction

Financial Data Schedule Line Definitions & Crosswalk Guide (Updated 11/9/ 2001)
- Appendix B Blank Financial Data Schedule (FDS) (20pgs/58k) - (Updated 2/5/2002)
Financial Indicators Methodology & Analysis Guide - (For FYE 9/30/01 to 6/30/03)
(updated 12/15/2003)
- Appendix A FDS of a sample housing authority - (Updated 2/5/2002)
HUD PHA GAAP Conversion Guide - Updated 1/21/2000 (69pgs/215k)
Guidelines on Reporting and Attestation Requirements of Uniform Financial Reporting Standards (UFRS) - May 2002

GAAP Flyers
- GAAP Flyer No. 1 Governmental vs Enterprise Fund Accounting
  GAAP Flyer No. 2 Accounting For Fixed Assets
  GAAP Flyer No. 3 Mixed Financing and joint Venture Accounting
  GAAP Flyer No. 4 Accounting for PHA Debt
  GAAP Flyer No. 5 GASB's New Financial Reporting Model
  GAAP Flyer No. 6 Procuring an Audi
Experts Agree on the Reclassification of Debt

Accounting Briefs:
- Accounting Brief No. 1 Auditor Independence
  Accounting Brief No. 2 Debt classification
  Accounting Brief No. 3 Accounting Changes & Prior Period Adjustments
  Accounting Brief No. 4 Audits Below the Single Audit Act Threshold
  Accounting Brief No. 5 Audit Cost Reimbursements
  Accounting Brief No. 6 Compensated Absences & Capitol Grants
  Accounting Brief No. 7 Disallowed Costs
  Accounting Brief No. 8 Component Unit Resident Management Corporation
  Accounting Brief No. 9 CGP And CIAP Grant Draw Down Provisions
  Accounting Brief No. 10 Clarification of PHA Reporting Requirements and OMB Circular A-133 Implications:
  Accounting Brief No. 11 Accounting and Financial Reporting for Nonexchange Transactions: GASB No. 33:
  - GASB 33 Reminder and its impact on FDS
  Accounting Brief No. 12 Capital Programs: Operating vs. Capital Revenues
  Accounting Brief No. 13 GASB 34 and the Financial Data Schedule (FDS) (updated 09/24/03)

Systems Documentation

The Public Housing Agency and Auditor 7.3.0.0 User Guide (updated 08/15/03)
- Cover and Table of Contents
  Chapter 1: Introduction
  Chapter 2: Getting Started
  Chapter 3: Accessing FASS-PH
  Chapter 4: Common System Features
  Chapter 5: Creating Financial Submissions
  Chapter 6: Submitting Financial Data
  Chapter 7: Delete Financial Submissions
  Chapter 8: IPA Review Process
  Chapter 9: Generating Reports
  Chapter 10: Resubmitting Rejected/Invalidated Submissions
  Appendix A: Error Messages and Business Validations

The Public Housing Agency and Auditor 7.2.1.0 User Guide
- Cover and Table of Contents
  Chapter 1: Introduction
  Chapter 2: Getting Started
  Chapter 3: Accessing FASS-PHA
  Chapter 4: Common Features
  Chapter 5: Creating Financial Submissions
  Chapter 6: Submitting Financial Data
  Chapter 7: Deleting Draft and IPA Review Submissions
  Chapter 8: IPA Review Process
  Chapter 9: Generating Reports
  Chapter 10: Resubmit
  Appendix A: Business Rules

The Public Housing Agency and Auditor 6.0 User Guide (For PHA's with Fiscal Years of 6/30/2001 and prior) (Updated May 4, 2001)
- View sections of the document below:
  Cover and Table of Contents (4pgs/170k)
  Chapter 1: Introduction (2pgs/76k)
  Chapter 2: Getting Started (20pgs/661k)
  Chapter 3: Accessing FASS-PHA (16pgs/3,426k)
  Chapter 4: Common System Features (4pgs/520k)
  Chapter 5: Creating Financial Submissions (48pgs/6,875k)
  Chapter 6: Submitting Financial Data (10pgs/783k)
  Chapter 7: Generating Reports (4pgs/783k)
  Chapter 8: FASS-PHA for Auditors (24pgs/783k)
  Appendix A: Business Rules (57pgs/166k)
  Appendix B: Registering for a HUD User ID (10pgs/1,816k)
  Appendix C: Changing Your Password (4pgs/361k)
  Appendix D: System Administration (For Coordinators Only) (28pgs/4,043k)
PHA Coordinator Quick Tips
PHA User Quick Tips