Companion to PPC's Guide to HUD Audits - Course 3 - Performing Substantive Procedures and Concluding the Audit (HUDTG203)  

Identify how tests of details and substantive analytical procedures are typically used in audit engagements.

Recognize substantive audit procedures that auditors may perform in HUD audits.

Identify appropriate methods for addressing commitments and contingencies, accounting estimates and fair value, subsequent events, and related parties in HUD audit engagements.

Recognize the going concern considerations and written representations that are needed for a HUD audit.

Determine how a HUD auditor should address the accumulated results of audit procedures, analytical procedures, workpaper review, and summarization and evaluation tasks related to the audit engagement.