Analysis of LIHTC Partnership Audited Financial Statements - a Seasoned Asset Manager’s Perspective
LEARNING AREA: Real Estate Development
2:00pm
Duration:
1 hour 30 minutes
Description
Annually, multifamily housing owners, asset managers and other stakeholders devote hundreds of hours reviewing and analyzing audited financial statements with several key objectives in mind:
- Confirm compliance with partnership agreement requirements;
- Evaluate project operating performance versus budget and or original underwriting; and
- Flag areas of concern for follow up and resolution in an audit action plan, if necessary.
Buried among the details in every audit is a story waiting to be told. So, if your job responsibilities include oversight of multifamily housing projects and you have limited experience reviewing audited financials, then this webcast is for you.