
Financial Audits
We provide comprehensive accounting and auditing services in compliance with the Department of Housing and Urban Development (HUD) and the California Housing and Finance Agency (CalHFA) guidelines. Our team has successfully conducted annual audits and financial reporting for numerous housing complexes with HUD-insured or Secretary-held multi-family mortgages, ensuring strict adherence to all federal and state requirements.
Beyond our work in the housing sector, we also perform financial audits, both statutory and voluntary, across a wide range of industries. We believe that auditing and consulting go hand in hand, offering more than just financial oversight. Our approach combines accuracy, strategic insight, and actionable recommendations that help strengthen your organization’s financial integrity and operational efficiency.
Each audit engagement is carried out by highly skilled professionals with deep expertise and a strong sense of accountability. To ensure excellence, our firm undergoes a legally prescribed external quality control review, reaffirming the integrity and reliability of our services.
Our Audit and Assurance Services Include:
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Preparation of legal and voluntary annual financial statements and consolidated financial statements
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Implementation of quality control audits
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HUD and CalHFA compliance audits for multi-family housing projects
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Special-purpose audits and agreed-upon procedures
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Credit status checks and financial due diligence
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Audits for real estate agents, builders, and developers
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Public funds appropriation audits
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Audits for capital increases and non-cash contributions
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Formation, restructuring, and merger audits
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Corporate assessments and valuations
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Professional training and continuing education for auditors
Our goal is to provide more than compliance; we deliver clarity, credibility, and confidence in your financial reporting. Whether you require an audit under HUD guidelines, seek to enhance internal controls, or prepare for growth and restructuring, Christopher Chime Ogbodo and Associates offers tailored solutions that support your success with precision and integrity.