GASB 87 – Capital Leases: Are you ready for the changes to lease accounting?
Effective for fiscal years starting on or after July 1, 2021, all leases (with certain exceptions) will become Capital Leases if they have a term greater than 12 months. GASB 87 applies to both the lessee and the lessor. The determining factors are many and varied,...
Is Your PHA Considering a RAD Transition? Emphasys Consulting Can Help
Know the financial impacts to your COCC as your business model changes When a PHA goes through the process of a RAD transition, most financial consultants are very much focused on the individual properties relative to their current and future state and making the...
Protecting Your PHA Against Fraud
Working for a public housing authority is a noble cause. Whether it be Section 8 housing or a HUD development, you are providing a service to those who need a little help with their housing situation. And no one expects that such a benevolent group could be capable of...
Emphasys Software Announces Partnership with the New York State Housing Trust Fund Corporation
PEMBROKE PINES, FL – August 2, 2021 – Emphasys Software (Emphasys), a leading provider of compliance-driven software designed to serve the needs of the nation’s public housing authorities, is proud to announce its partnership with New York State Homes and Community...