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Annual Audits

SPHA is responsible for the preparation and fair presentation of the financial statements of the agency in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. SPHA follows the guidelines set forth in the Generally Accepted Accounting Principles (GAAP), the Governmental Accounting Standards Board (GASB), and the Department of Housing and Urban Development (HUD). All annual financial reporting is submitted to HUD through their Financial Data Schedule (FDS) for review and approval.

SPHA FY 2019 Annual Audit