2024 HUD Audit Guide
Save Up to 50% on HUD Audit Costs

Real Estate Owners, Mortgage Bankers & Property Managers can count on our many years of experience and accuracy.

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We Provide Services for:

Multifamily Housing Programs

FHA Approved Lenders

We specialize in HUD subsidized housing and projects that range anywhere between 85 to 500 units.

About Us

Our team is deeply experienced and specialized in performing HUD Audits. We are dynamic and focused on quality of service since 1985.

We are members of the American Institute of Certified Public Accountants (AICPA), the California Society of CPAs as well as the Government Audit Quality Center.

Our expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning.


Be sure your accounting records are in good shape and all Balance Sheet accounts are supported by backup documentation. Your accounting staff can create what is called a lead sheet for all balance sheet accounts. A lead sheet details all account activities including attachments that support all major entries.

Get all audit work papers “audit ready” for your accountant by the first week of February as the Financial Statements need to be filed with REAC by March 31 or March 30 if in a leap year.

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Check our Wilson & Associates corporate website if you need services for Accounting, Tax Work, Audits, Advisory and more.


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Simplify the process. Over 35 years of HUD experience.

hud audits

HUD Audits

The U.S. Department of Housing and Urban Development (HUD) requires audits of entities participating in various HUD programs.

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how to save time & money

How to Save Time & Money

There are a number of things that you can do to save money and prepare for your annual audit.

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HUD audit guide

FAQ’s & Latest HUD News

Ask questions and get answers.

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GAO Updates “Yellow Book”

The U.S. Government Accountability Office (GAO) issued a new revision of Generally Accepted Government Auditing Standards, also known as the “Yellow Book.”

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