This seminar will provide
accounting professionals with an understanding of the transactions affecting the
conversion to Project Based Accounting and Management.
The participants will learn how to maintain a project based accounting
system, from the budgeting aspect to the reporting of the financial statements. Each participant will complete calculations of the
Project Expense Level (PEL) and Operating Fund. The
knowledge gained can ensure that participants can maximize funding at their individual
authority. Once the Operating subsidy is
determined, we will train on methods to develop budgets for the projects and the Central Office
Cost Center (COCC).
Each participant will develop an
understanding of the flow of transactions to complete accountant analysis and acquire
tools to interpret budget variances on a monthly basis.
Accounting transactions will include operating and grant activity and
techniques to successfully monitor on a monthly, quarterly and annual basis. The seminar will cover the new FDS and the
reporting methodologies that are required to complete the FDS and successfully submit to
HUD. Also covered will be the Proposed MASS format that will be replacing the old model of
the assessment. Furthermore, we will cover the 2008 Section 8 Appropriations.
The program will address how your
Authority can transition itself to asset management. Session
topics will include:
·
FDS
Reporting and Most Recent Updates
·
Balance
Sheet Allocation Details
·
Allocating
Legacy Costs
·
Capital Fund Project Based
Accounting
·
CFP and the FDS
·
Stop-Loss
Submission Kit Update
·
HUD Updates
·
Section 8 Updates
·
Maximize Operating Subsidy
All attendees will also receive
useful checklists, tools, practice exercises and the course manual.
Who Should Attend:
·
Finance
Directors
·
Accounting
Staff
·
Accounting
Supervisors
· Chief Financial Officers
Session Timing:
Thursday, April 10th - 9:00 AM -
5:00 PM (8:30 AM Registration)
Friday, April 11th - 9:00 AM - 5:00
PM
CPE Info:
CPE Credit Hours: 14
Program Level:
Basic
CPE Type:
Accounting (Governmental)
Delivery Method:
Group-Live
Registration Info:
Early Bird Registration
$600 before August 15
Regular Registration
$635
Earn One Free Registration
when your authority purchases three registrations.
Click here to register online and use our Paypal
feature.
Seating
is limited, so register today!
Registration
deadline is September 15th. Partial
refunds available for cancellations before September 1, 2008.
Questions?
Please contact us:
Asher and Company, Ltd.
Attn: Diana Hammerschmidt
Ten Penn Center
1801 Market Street, Suite 1700
Philadelphia, PA 19103
Phone: 215.564.1900 l
800.645.1845
Fax: 215.564.3940
Email: rsvp@asherco.com
Main Presenter:
Brian D. Alten, CPA
Asher PHA Finance, LLC
Mr. Alten’s specialties
include Low Income Public Housing, Housing Choice Voucher, Moderate Rehabilitation and New
Construction Section 8, Capital Fund, HOPE VI and various other programs such as ROSS and
Rural Development. Mr. Alten has helped
housing authorities maximize subsidy and financial ratio scores. Brian has also provided MASS and SEMAP assistance
and has been selected to assist agencies that were under a MOA or troubled status and
successfully graduated them of troubled status. He
has also developed polices and procedures to increase the authority’s monetary
position. Mr. Alten was a former partner of
PHA Finance and co-creator of The PHA Finance Solution.
Scheduled Guest Speaker:
Mike Syme and Rich Carroll
Siemen's Building Technologies
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