Housing Choice Voucher (HCV) Accounting for Non-financial Managers 2022 | BDO USA, LLP | 22 August 2022 | Webinar
Venue
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| Event Date | Mon Aug 22 EDT (over 2 years ago) |
| Location | Webinar |
| Region | All |
Details
This is a great session for staff that are in the Executive Office or part of HCV Operations that need an understanding of the financial concepts for the HCV program. This webinar is also excellent to any new accounting staff or accounting staff that need a refresher of the financial basics. We will be discussing how RNP, UNP will be calculated.
Learning Objectives:
• Differentiate between Tenant Based Assistance & Project Based Contracts
• Articulate how a PHA makes money from the HCV program
• Analyze the flow of funds for Restricted (HAP) and Unrestricted (administrative)
• Determine eligible uses of HAP funds vs. administrative funds
• Explain the concepts of unit months available and maximum unit months that can be leased
• Recognize key sources for HAP funding and administrative fees
• Calculate the Restricted Net Position (RNP) & Unrestricted Net Position monthly and annually
• Explain the principles of cash management
• Discuss the concepts of portability, offset of funding, fraud recover and FSS