Accounting Brief 29 : Financial Reporting of Public Housing Operating Subsidy (May 2026) Provides accounting and reporting guidance for Public Housing Operating Fund subsidy beginning with the 2026 Operating Subsidy grant, including its treatment in PHA financial statements, the Financial Data Schedule (FDS), and the Schedule of Expenditures of Federal Awards (SEFA).

Accounting Brief 28 : Financial Reporting for GASB 87 Leases (March 2024) Provides a framework to record and report leases on the financial statements and Financial Data Schedule (FDS) for common housing authority leasing arrangements.

Accounting Brief 27 : Financial Reporting for Housing Assistance Payments Equity (HAP) and Administrative Fee Equity (Sept 2022) Provides guidance on transactions affecting RNP and UNP of the Housing Choice Voucher (HCV) program.

Accounting Brief 26 : Financial Reporting for the Family Self-Sufficiency (FSS) Program (July 2022) Provides information on reporting the Family Self-Sufficiency Program in the FDS. This brief supersedes information issued in Accounting Brief No. 23 (February 2018) and Accounting Brief No. 20 (August 2013). Summary of Changes

UPDATED – Accounting Brief 25 : Mainstream Voucher Program Closeout – Accounting and Reporting Guidance Provides accounting and reporting guidance for the transition of Mainstream Voucher Program funding beginning with the 2026 Consolidated Appropriations Act, including continued separate reporting of pre-2026 Mainstream funds under ALN 14.879 until fully expended and reporting of 2026 Act funding under ALN 14.871.

Accounting Brief 24 : Financial Reporting for Pensions and Other Post-Employment Benefits (Sept 2019) Aims to provide users with a framework to book and report pensions and OPEB obligations in the Financial Data Schedule (FDS).

Accounting Brief 23 : Financial Reporting for the Family Self-Sufficiency (FSS) Program (Feb 2018) Provides information on reporting the Family Self-Sufficiency Program in the FDS. This brief was superseded by Accounting Brief No. 26, issued in July 2022. Accounting Brief No. 23 should be used for historical reference only. Summary of Changes

Accounting Brief 22 : Financial Reporting for Projects Converting to Rental Assistance Demonstration (RAD) Program (April 2017) Provides information on reporting public housing projects converting to RAD in the Financial Data Schedule (FDS).

Accounting Brief 21 : PHA Reporting Procedures for Adoption of GASB #63 and #65 (Nov 2013) Covers the implementation of GASB Statements No. 63 and 65 in FASS PH.

Accounting Brief 20 : Financial Reporting for the Housing Choice Voucher Family Self-Sufficiency Program (Aug 2013) This brief was superseded initially by Accounting Brief No. 23, which was then superseded by Accounting Brief No. 26, issued in July 2022. Accounting Brief No. 20 should be used for historical reference only.

Accounting Brief 19 : Revenue Recognition for Housing Assistance Payments and Administrative Fees for the HCV Program (June 2013) Provides information on Cash Management per PIH Notice 2011-67 and the effects of these requirements on revenue recognition of HUD disbursed funds, equity balances (i.e., NRA) and other related items such as interest income on unspent HAP fund.

Accounting Brief 18 : Recording Portability Transactions for the Housing Choice Voucher Program (July 2016) Provides information on reporting portability and fraud recovery related to port-in families by the Receiving and Initial PHA on the FDS.

Accounting Brief 17 : Reporting Unit Months Available & Unit Months Leased (Feb 2012) This brief provides assistance on how to report unit months available (UMA) on FDS line 11190 and unit months leased (UML) on FDS line 11210 for the Public Housing and Housing Choice Voucher (HCV) programs. Appendix A provides a summary chart of HUD’s PHA occupancy percentage calculations for the Management Operations and Capital Fund Program Indicators under the PHAS Interim Rule and the occupancy calculations under HUD’s Agency Priority Goal Reporting.

Accounting Brief 16 : Reporting Models and Reporting Requirements for PHAs Administering Public Housing (Aug 2011) This brief provides an introduction of the four reporting models that are a result of the asset management contained in the Operating Fund Final Rule. It covers the following topics: (1) the applicability of each reporting model and the FDS reporting requirements associated with each model; and (2) cost reasonableness requirements for PHAs reporting under asset management.

Accounting Brief 15 : Capital Fund Program Reporting (Aug 2011) Provides assistance on the proper reporting of common CFP activities on the FDS. It covers the following topics: (1) reporting of beginning equity; (2) BLI accounts and FDS reporting for hard and soft costs; and (3) reporting Capital Fund program, Capital Fund Financing program, Central Office Cost Center (COCC), and Federal Awards expended.

Accounting Brief 14 : Elimination Entries (Aug 2011) Provides assistance on the use of the elimination column and reporting of elimination entries on the FDS. It covers the following topics: (1) the asset management reporting types and their applicability to the Elimination column; (2) proper reporting for Interprogram Due To/Due From; (3) proper reporting of elimination entries for balance sheet, fee-for-service, and operating transfers transactions; (4) FDS lines typically associated with elimination entries; and (5) reporting of elimination entries for component units.

Accounting Brief 13 : GASB 34 Conversion (Sept 2003) Discusses the specific changes made to the Financial Data Schedule (FDS) to facilitate preparation of GASB #34 financial statements. The areas covered are the: (1) elimination and creation of FDS line items and (2) impact of these changes on a PHA's FASS score.

Accounting Brief 12 : Grand Revenue Reporting (Dec 2003) This brief clarifies operating and capital revenue reporting for grant programs using full accrual under GASB #33.

Accounting Brief 11 : GASB #33 - Accounting and Financial Reporting for Nonexchange Transactions (April 2016) Discusses the treatment of non-exchange transactions (operating subsidies and grants) upon GASB Statement #33 implementation.

Accounting Brief 10 : Reporting Requirements and OMB Circular A-133 Implications Clarified (Jan 2005) Response to PHA's questions regarding the Financial Data Schedule (FDS) and the Data Collection Form (DCF) reporting requirements.

Accounting Brief 09 : Comprehensive and CIAP Grant Draw Down Provisions (May 2000) Discussion on the treatment of Comprehensive and CIAP funds transferred to the Low-Rent Public Housing program.

Accounting Brief 08 : Component Unit Resident Management Corporation (RMC) Costs (May 2000) Discusses the treatment of costs incurred by RMCs and its relationship to the Low Rent Public Housing program.

Accounting Brief 07 : Disallowed Costs (May 2000) Discusses the proper accounting treatment of disallowed costs as program expense by the auditor

Accounting Brief 06 : Compensated Absences and Capital Grants (Feb 2000) Discusses the accounting for compensated absences under grant programs.

Accounting Brief 05 : Audit Cost Reimbursements (January 2005) Deals with the issue of whether the audit costs of non A-133 audits can be reimbursed from Public Housing operating subsidy.

Accounting Brief 04 : Audits Below the Single Audit Act (SAA) Threshold (June 2004) PHAs expending less than $500,000 in total Federal funds in a year.

Accounting Brief 03 : Accounting Changes & Prior Period Adjustments (Feb 2000) Discusses the impact of accounting changes and prior period adjustments on GAAP prepared statements.

Accounting Brief 02 : Debt Classification (Feb 2000) This brief summarizes the different types of HUD debt and compliments GAAP Flyer #04 (Accounting for PHA Debt).

Accounting Brief 01 : Auditor Independence (Feb 2000) Discusses auditor involvement in GAAP conversion entries and whether independence is impaired.