Heather Perry, CPA
Audit Principal
Experience Highlights
Heather has specialized in the real estate industry for the last twelve years. During that time, she has prepared and/or reviewed numerous audits of limited liability companies, corporations, partnerships and not-for-profit entities owning various real estate developments. These audits have been prepared for the Department of Housing and Urban Development (HUD), Rural Economic and Community Development, and various debt and equity providers. She has prepared and reviewed numerous Certificates of Actual Cost for both the contractor and mortgagor as required by HUD, and cost certifications required by various state agencies for utilization of Low Income Housing Tax Credits. Heather is very experienced with audits that adhere to the Department of Housing and Urban Development, Low Income Housing Tax Credits and Rural Economic and Community Development guidelines. Heather’s portfolio of clients totaling approximately 500 audits includes several large not-for-profit housing organizations. These organizations have entities financed with HUD 202/811 mortgages and direct loans, 223(f), 221(d)(3), 221(d)(4) and 236 HUD insured mortgages.
Her duties include assisting the members in all functions of the audit. Those duties include ensuring that the engagement is properly staffed with the required experience and abilities, scheduling the fieldwork, reviewing financial statements, and meeting all applicable audit and tax deadlines. Throughout the engagement, Heather is in contact with the audit team and client to ensure exceptional client service is provided. In addition, she provides a resource for the client concerning acquisition and rehabilitation strategies, grant and loan considerations, and accounting treatment of complex transactions.
In order to stay current on her understanding of the real estate industry and the continually changing regulatory environment, Heather annually attends continuing education classes and conferences which address the most current issues, including HUD audit guidelines, Government Auditing Standards, OMB Circular A-133, and Low-Income Housing Tax Credits.
Education
B.S., Butler University-Indianapolis, Indiana
Professional Organizations
Member, Indiana CPA Society
Member, American Institute of Certified Public Accountants
