Public Housing Authority Audit

A public housing authority audit is an independent examination of a PHA’s financial statements and compliance. Authorities report to HUD through the Financial Assessment Subsystem, submitting Financial Data Schedule (FDS) information via FASS-PH. Many authorities also need a Single Audit when federal spending is significant.

• Local and regional public housing authorities.
• Authorities administering the Housing Choice Voucher program.
• PHAs with HUD reporting and FDS submission requirements.
• Authorities expending $1,000,000 or more in federal awards, which also need a Single Audit.

• Financial statements prepared under applicable government standards.
• HUD Financial Data Schedule reporting through FASS-PH.
• Compliance considerations over HUD program requirements.
• Single Audit under Uniform Guidance and Yellow Book standards when required.
• Internal control review over federal financial reporting.

Modus is AI-native. Our tooling automates the time-intensive fieldwork behind a PHA engagement, so your audit gets done in roughly four weeks. Every conclusion links to a source document, so your board, HUD, and grantors can trace the evidence. That means fewer document requests, fewer questions, and a cleaner FDS submission.

• Top-firm audit rigor at a middle-market price.
• Roughly a four-week turnaround through AI-native fieldwork.
• HUD FASS-PH and FDS reporting support.
• Financial audit and Single Audit coverage under one team.
• Up to about 40% less time spent on compliance work.