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Compliance Consulting

Year-round expert guidance to prepare for audits, maintain compliance, and optimize your financial reporting. We go beyond the audit.

Beyond the AuditYour Year-Round HUD Compliance Partner

A HUD audit is not just a once-a-year event — it is the result of 12 months of accounting practices, record keeping, and compliance. Our consulting services help you stay on track all year, so when audit season arrives, you are ready.

Whether you need help preparing for your first HUD audit, want to improve your internal processes, or are looking for a trusted advisor to guide you through regulatory changes, Wilson & Associates is here to help.

What We OfferComprehensive Consulting Services

From REAC submission support to year-round advisory, we cover every aspect of your HUD compliance needs.

REAC Submission Support

Full support with preparing and electronically submitting your annual financial statements to REAC. We handle formatting, validation, and ensure acceptance on the first attempt.

Audit Preparation & Readiness

We guide your team through everything needed before the audit begins — from organizing documents to preparing lead sheets — so fieldwork goes smoothly and quickly.

Internal Controls Review

A thorough assessment of your internal controls over financial reporting, identifying weaknesses and recommending practical improvements to protect your organization.

Accounting System Optimization

We evaluate your accounting software and processes to ensure they meet HUD requirements and help you implement improvements for more efficient ongoing compliance.

Lead Sheet Preparation Guidance

Hands-on training and templates for your accounting staff to prepare high-quality lead sheets, reducing audit time and costs significantly.

Year-Round Advisory Support

Ongoing access to our HUD audit specialists for questions, guidance on regulatory changes, and proactive advice to keep you ahead of compliance requirements.

The ImpactWhy Invest in Compliance Consulting

50%

Cost Reduction

Reduce Audit Costs
Better preparation means less auditor time on-site, directly reducing your annual audit fees by up to 50%.

5

Audit Findings

Avoid Compliance Issues
Proactive reviews catch problems before your auditor does, preventing qualified opinions and management letter findings.

100%

On-Time Filing

Meet Every Deadline
Our year-round support keeps you on track for the March 31st REAC deadline with time to spare.

Year-Round SupportCompliance Calendar

We keep you on track throughout the entire fiscal year with structured guidance and support.

Q1January - March

Audit Season Support

  • Final audit preparation assistance
  • Lead sheet review and cleanup
  • REAC submission and filing
  • Post-audit recommendations review

Q2April - June

Post-Audit Planning

  • Address management letter findings
  • Implement internal control improvements
  • Update accounting procedures
  • Mid-year compliance check-in

Q3July - September

Mid-Year Review

  • Interim financial statement review
  • Account reconciliation verification
  • Staff training on HUD requirements
  • Regulatory update briefing

Q4October - December

Year-End Preparation

  • Pre-audit readiness assessment
  • Document organization guidance
  • Lead sheet preparation kick-off
  • Audit engagement planning

Not Sure Where to Start?

Book a free consultation and we will assess your current compliance posture, identify areas for improvement, and create a customized plan to get you audit-ready year after year.

Explore Our Other Services
We also specialize in Multifamily Housing Audits and FHA Lender Audits.

Get Started TodayReady to Simplify Your HUD Audit?

Contact us today for a free quote and discover how much you could save on your next HUD audit. Our team is ready to help.