Financial Audits
Auditor Materiality Documentation and Workpaper Requirements
Auditors must document materiality reasoning, not just the number, to satisfy regulatory standards.
Marcus Thibodeau
· 9 min read
The Compliance Meridian — Page 2
Trust Services Criteria Mapping for SOC 2 Security and Availability
Mapping Security controls against Availability shows which ones do double duty.
Priya Subramaniam
Surplus Cash Distribution Rules in HUD Multifamily Programs
How HUD's monthly distribution rule works and when borrowers qualify.
Priya Subramaniam
Going Concern Assessment Standards and Auditor Disclosure Requirements
Three jurisdictions are simultaneously tightening going concern rules for different audiences.
Renata Osei-Bonsu
SOC 1 vs SOC 2 Examination Scope Differences for Service Organizations
SOC 1 confirms financial controls; SOC 2 validates data security.
Renata Osei-Bonsu
Reserve Fund for Replacements Accounting in HUD-Financed Properties
HUD mandates strict rules for reserve deposits, draws, and audit approval on multifamily loans.
Marcus Thibodeau
LIHTC and HUD Layered Financing Audit Complexity for Affordable Housing
Layered funding sources compound audit risk at their intersections, not linearly across them.
Dmitri Vasilchenko
Year-Round Tax Planning Calendar for Closely Held Business Owners
Understand when tax decisions must happen to avoid permanent missed opportunities.
Marcus Thibodeau