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Frequently Asked Questions

How does a PHA file as a component unit without a separate audit?

Financial Assessment of Public Housing Agencies - FAQs - HUD
The PHA only needs to check the Component Unit (no separate financial statements) box on the PHA Info screen. This option will start after FASS-PHA 7.0 release on September 21, 2001 and for FYE 9/30/01.
Related Questions

What is a component unit?

Financial Assessment of Public Housing Agencies - FAQs - HUD
Component units are organizations that are legally separate from the primary government but for which the primary government is still financially accountable. Some component units are so intertwined with the primary government that they are, in substance, the same as the primary government. The criteria for determining whether or not a Housing Authority is a component unit is outlined in GASB 14 and GAAP Flyer #3.
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What does the Component Unit check box signify?

Financial Assessment of Public Housing Agencies - FAQs - HUD
By checking the component unit check box, the PHA is affirming that it is a component unit of another government and that it will not have a separate audit. A PHA should not check the box if it plans on having a separate audit engagement although it is a component unit of another government. Starting with PHAs with FYE 9/30/2001, electronic submission of audited information from component unit PHAs will be required. Prior to 9/30/2001, audited information was not required.
Related Questions

Is a PHA required to forward a hard copy of its audit report to REAC?

Financial Assessment of Public Housing Agencies - FAQs - HUD
No. However, the PHA should maintain a hard copy of the audited report in the event REAC or HUD needs it as part of a Quality Assurance Review.
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Does the facility have to have a separate memory support unit?

Making Tired Eyes Smile -
No. Making Tired Eyes Smile® is a great pastime for the residents with dementia. Most assisted living facilities care for seniors who require special memory prompts. It is my experience that this population often slips through many of the facility’s existing programs.
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What does the Academic Audit Unit (AAU) do?

Other FAQs | Victoria University of Wellington
The primary function of the New Zealand Universities' Academic Audit Unit (AAU) is the administration of academic audits of universities against their Charters and Statements of Objectives (which are approved by Government). The second important function of the AAU is the identification and sharing of good practice in developing and maintaining quality in higher education. Together these functions work to support quality improvement in New Zealand universities.
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What does it mean to download a PHA Plans file?

Frequently Asked Technical Questions - Public Housing Agency...
Downloading information is the process of copying a file, or files, from a main source location to another location. During the process of downloading the PHA Plans Template file, the file is taken from the PHA Plans web site and saved to your personal computer.
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What does it mean to upload/submit a PHA Plans file?

Frequently Asked Technical Questions - Public Housing Agency...
Uploading information is the method of transferring a file, or files, from one computer to another location (e.g.- network or mainframe). During the process of uploading your completed PHA Plans file(s), the PHA Plans file is transmitted from your personal computer to the HUD network.
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For training grant applications, are you developing a separate research plan component?

NIH has working groups to address the nuances of each grant program to be transitioned. In the case of training grant applications, NIH anticipate that there will be changes to accommodate training budget and research plan requirements. No. The dates for SBIR/STTR submissions remain April 1, August 1 and Dec. 1 and the corresponding AIDS dates also remain unchanged.
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Does each unit have a private, separate bathroom?

Drifters Inn Accommodation - Hanmer Holiday Homes, Lewis Pas...
Yes, each unit has a full ensuite, electric blankets, wardrobe, colour TV, telephone and alarm clock.
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How do I name my PHA Plans file?

Frequently Asked Technical Questions - Public Housing Agency...
Attachment files should be named as: "Your PHA code, the letter 'a' for Attachment A or the letter 'b' for Attachment B, etc., and the version number of the attachment." For example, if your PHA code is "WA007" and the attachment file you want to submit along with your PHA Plans file is the first version of Attachment A, then the attachment file should be saved as "wa007a01". We ask that you keep all filenames in lowercase letters.
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Why Does My Company Need A PHA?

Wellstream FAQ
Plain and simple, you can't change what you can't measure. And when it comes to containing healthcare costs and improving employee health, a personal health assessment is one of the most critical components in the entire health management process. With Wellstream, your employees can receive the important health information they need in one easy-to-understand personal health report. And, as an employer, you'll get a HIPAA compliant aggregate report. It really is that easy.
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How does a PHA set up receivables for Section 8 (i.e., gain contingency)?

Financial Assessment of Public Housing Agencies - FAQs - HUD
A PHA should not set up a receivable for a gain contingency. It should be disclosed in the Notes to the Financial Statements under Commitments and Contingencies. Yes, remember FSS investments are not available for use by a PHA unless the participating family is terminated from the FSS program or forfeits its FSS escrow. Please refer to the FDS Line Item Definition Guide for more details.
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How much of a limited partnership or joint venture does a PHA have to report to HUD?

Financial Assessment of Public Housing Agencies - FAQs - HUD
See GAAP Flyer No. 3 or follow the flowchart referenced in GASB 14. Since circumstances vary, a response to this question could only be given on a case by case basis.
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What are the reporting requirements for a public housing authority, which is a component unit?

Financial Assessment of Public Housing Agencies - FAQs - HUD
The reporting time frames remain unchanged. Housing authorities are required to submit unaudited data to REAC two months after its fiscal year end. The audited data must be submitted to REAC no later than 9 months after the fiscal year end. If you are a component unit and your fiscal year end differs from that of the primary government you will need to contact Ben Greenberg at 410-962-2520 X 3302 Not really, the general process will be the same.
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What does it mean to audit a class?

TMCC Frequently Asked Questions (FAQs)
A student who wishes to enroll for no credit may register as an auditor. An auditor pays regular fees and, at the discretion of the instructor, must meet all regular class requirements. A student who audits a course will not receive a grade or credit for that course. Changing from audit to credit or from credit to audit must be done by filing the necessary forms before the filing deadline printed in the current class schedule.
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How long does a compliance audit take?

I-CAP FAQs
OLMS compliance audit may take many weeks, months, or perhaps even longer, to complete. No absolute time frame can be placed on the duration of the compliance audit because much depends on the size of the union, the availability and condition of its records, the level of cooperation by union officials, and the type of compliance problems found. OLMS is committed to conducting the audit in a professional, efficient manner with the least possible disruption to normal union operations.
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How does the compliance audit begin?

CAP FAQs
Audits begin with an opening interview of, at a minimum, the primary financial officer. If a union employs a bookkeeper, accountant, or other employee who plays a primary role in the keeping of union financial records, the OLMS investigator may request this person be present as well. Union presidents also frequently attend audit opening interviews.
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Based on the components in the EMS unit, what and how does each component perform its duties?

EMS - The Energy Management System - Questions & Answers
TVSS components act to remove transient voltages and filter capacitors act to improve Total Harmonic Disturbances, thus further conditioning the AC waveform. This has an effect of helping improve service life of equipment. The effect on motors is that (motors are moveable transformers), they are affected by the rise in current and frequency and generate a variance in the 60Hz waveform.
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What hardware/software computer capability does a PHA need in order to access FASS?

Financial Assessment of Public Housing Agencies - FAQs - HUD
All PHAs should have access to the Internet! A PHA can choose any Internet Service Provider it wants to use. The electronic submission of Financial Data Schedules and OMB Data Collection Forms using the Financial Assessment Subsystem for PHAs (FASS-PHA) requires computer resources with a word processor and an internet browser.
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What advantage does PHA offer?

Pacific Health Alliance
One-stop shopping for customers seeking a national network of healthcare providers with a flexible, timely and cost-effective administrative interfacing. A customizable provider network that continues to grow geographically to an aggressive expansion strategy allowing clients to meet their own strategy expansion needs throughout the county.
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Do PHAs have to complete component 14 (Pet Policy) of the PHA Plan?

Frequently Asked Questions - Public Housing Agency (PHA) Pla...
Yes. The "Pet Ownership in Public Housing; Final Rule" (issued on July 10, 2000) specifies that PHAs must include information about pet policies in the PHA Plan.
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WHAT SHOULD I EXPECT WHEN AN AUDIT IS SCHEDULED FOR MY UNIT?

UTD Office of Audit and Compliance
Although unannounced audits are initiated where appropriate, typically a representative of the Internal Audits Office Audits will send an audit notification letter to inform you that your area is going to be audited. The representative will also schedule an entrance conference to discuss the planned objective and scope of the review and the logistics of conducting the audit.
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Can a department/unit request an audit?

Audit & Management Advisory Services(AMAS)
Yes. We take requests for audit work, although our ability to perform the audit may be affected by our staffing levels, annual audit plan, or year-end deadlines. Nevertheless, if you are concerned about an area in your department, we will try to schedule time for a review.
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How do I take the PHA?

OSU Your Plan for Health - Tools for Healthy Living
There are three steps required to take the PHA. (1) Set up a PatientLink account at http://patientlink.osumc.edu . PatientLink is an OSUMC web site that provides access to the PHA. (2) Faculty and staff can sign up for a free health screening at www.osumhcs.org/hra/register . You must have recent (within the last 12 months) measures of these vital statistics to complete the PHA and get the most complete and accurate results.
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What does the component do ?

SBS Development - Frequently Asked Questions
With the QARv2 dll component you can perform full SQL queries on any ADO Recordsets as if they existed as Tables in a Database and return the results to your application in the form of a disconnected ADO Recordset.
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Do families have to lease a unit in the jurisdiction where the PHA issued the voucher?

Landlord FAQ
Not necessarily. After the initial period of one year, tenant-based vouchers are portable. A person with a portable voucher can lease a unit anywhere in the United States where there is a PHA that administers a Housing Choice Voucher program. (In most cases, if the voucher holder lived in the jurisdiction of the PHA issuing the voucher throughout the application process, the voucher is immediately portable.
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