The REAC Quality Assurance Subsystem (QASS) staff performs quality assurance reviews of Independent Public Accountants (IPAs) who perform audits and attestations of HUD-assisted multifamily projects and public housing agencies(PHAs). QASS auditors perform reviews to determine that data submitted to FASS are reliable and serve to validate the FASS financial ratios.

Important! The Office of Management and Budget has issued a revision to Circular A-133, Audits of State and Local Governments for Non-Profit Organizations increasing the audit threshold from $300,000 to $500,000 of Federal Awards for Fiscal Year ending after December 31, 2003.(03/22/04)     What does $500,000 really mean? Find out what types of federal assistance are included under the $500,000 Single Audit threshold and whether you should be submitting an audit. See Details. (03/22/04)     Enforcement actions against IPAs The Department is aggressively pursuing action against auditors who have egregiously violated professional standards and HUD requirements. To date ? based on referrals made to oversight bodies as a result of QARs performed by QASS ? the following enforcement actions have been taken or are proposed against IPAs: More...   Important! Obtaining instructions for getting a UII has just gotten easier!!Retrieve the short version of the UII Registration Instructions.     Important! Unique IPA Identifier (UII) is required when submitting Audited Financial Information to REAC. For more information about the UII requirement, check out: Unique IPA Identifier(UII) Instructions for registering online can be found to the right under Documents and Guidance.     On-line UII Registration for IPA Offices and State Auditor Offices is now available.Before obtaining a UII, IPA offices and State Auditor offices must obtain a HUD Secure Systems User ID and Password. To obtain a Secure System User ID and Password, refer to Online Systems' Secure System Registration Instructions. Contact your HUD-assisted client today for assistance.