A-133 AUDITS

As of June 30, 1997, your Federal Audit Requirements have changed. Many Housing Authorities still have not reflected these audit changes in their Request For Proposals from auditors. Also, because of these Federal changes, your audit fee may not be an allowable cost. However because of these changes, your audit fee may increase by 10 to 50%, or decrease by half or more. If you have any questions about these new audit requirements, please contact Jeff Barrett at 518-943-1400 or e-mail barrett@barrettcpa.com.

If you are currently in the process of hiring an auditor, please send an RFP to:

Barrett CPA, PC
P.O. Box 288
218 Jefferson Heights
Catskill, NY 12414
Barrett@BarrettCPA.com