The FYE 3/31/26 audit will be performed in accordance with generally accepted auditing standards (GAAS), as promulgated by the American Institute of Certified Public Accountants (AICPA); Government Auditing Standards issued by the Comptroller General of the United States, the Single Audit Act of 1996, the provisions of OMB Revised Circular A-133, HUD Notice PIH 96-32, the Local Authorities Fiscal Control Law, and the New Jersey Administrative Code. The audit will cover all financial operations of HMFA # 1099, 254 Bergen Avenue between April 1, 2025, through March 31, 2026. The Auditor will determine whether: 1) The financial statements of 254 Bergen Avenue present fairly its financial position and the results of its financial operations in accordance with generally accepted accounting principles. 2) to in The Jersey City Housing Authority has internal accounting and other control systems provide reasonable assurance that it is managing HMFA # 1099, 254 Bergen compliance with applicable laws and regulations; and 3) The Jersey City Housing Authority has complied with laws and regulations that may have a material effect on its financial statements of HMFA # 1099, 254 Bergen Avenue.
