Purpose
NMA’s HCV Financial Management is the most comprehensive training on financial management in the HCV program offered anywhere. This three-day training will provide you with the knowledge and tools needed to understand how the program is funded and how to maximize the use of your available funding. In addition, this course will teach you how to determine the number of units your funding will support, and how to use monitoring tools to stay within your available funding.
Other topics covered in this course include HUD’s various regulatory financial management requirements, such as the investment of excess program funds, the collateralization of funds, the use of reserves, insurance requirements, and possible sanctions for non-compliance. You will learn how to report program activity in the Voucher Management System (VMS) and how to establish a system of internal controls. You will also learn how to make use of HUD's Two-year forecasting Tool (TyT) to better utilize your funding.
This course will be most beneficial to housing authority program staff responsible for managing the number of units to lease based on funding as well as those responsible for VMS and TyT tracking. As well as program staff that want to learn why the Accounting department requests some of the information they do. Additionally, the accounting team would benefit from the discussions on tracking the number of leased units based on funding and the VMS and TyT discussions. For newer accounting staff this class is recommended prior to the HCV Financial, Accounting and Reporting class. Independent auditors desiring to understand HUD’s financial management requirements for the HCV program will likewise benefit from attending.
Seminar #101-033
AGENDA:
View the agenda for in-person classes
View the agenda for live web trainings
METHOD: A group-live seminar featuring PowerPoint, case studies, group discussion, course book, and Q&A
LENGTH: Three days
AUDIENCE: Accounting and finance staff, HCV program staff and executive directors
PROGRAM LEVEL: Basic
PREREQUISITES: None
ADVANCED PREPARATION: None
FIELD OF STUDY: Finance
EXAM: The certification exam is available for $175. Select the exam during checkout or click here to view a list of certification exams available.
CREDITS: CPE units = 23.75, CEU units w/ exam = 1.9
Nan McKay & Associates is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasbaregistry.org. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.
CPE Sponsor ID# 101539
REGISTER: Fill out the PDF registration form and email to sales@nanmckay.com. Or select the seminar you'd like to attend from the list of locations and dates below to order online.
By registering for and attending this training, you agree that you will not copy, share, post, or otherwise disseminate training or exam materials, including but not limited to posting on the internet, internal network, shared drive, or other publicly accessible means of access. Unauthorized distribution of NMA materials may result in the loss of your certification and/or legal action. Hotel Recommendations: Please note that these are only recommendations. We also recommend asking for the government rate when booking rooms at any hotel. Cancellations: If you are unable to attend this seminar, you may send a substitute or receive a credit toward a future seminar, to be attended within a one-year period. If you are unable to attend, you must notify NMA in writing at least 60 calendar days prior to the start date of the seminar. If you do not notify NMA in writing, you are responsible for the entire registration fee. If you cancel less than 60 days prior to the start date of this seminar, a cancellation fee of $150 will be assessed. Substitutions must be in writing on company letterhead with the seminar name, location and attendee name, and received by NMA prior to the seminar start date. NMA reserves the right to cancel a seminar at any time. If a seminar is canceled by NMA, registration fees will be refunded or credited in full. NMA is not responsible for airfare, lodging or other related expenses. Please plan ahead by purchasing refundable airfare. Retaking Exams: Exam retake options vary; call for details. You are permitted to fail an exam three times before you are required to retake the seminar. NMA reserves the right to change any policies or pricing at any time and in its sole discretion. For more information regarding refund, complaint and program cancellation policies, please contact our offices at 800.783.3100.
