We are initiating an audit of HUD’s (HUD proper, Ginnie Mae, FHA) inactive obligations. The objective of our audit is to identify and evaluate HUD’s inactive obligations to determine if they are still needed for the purposes intended, and if not, assess gaps in controls that prevented earlier deobligation.

HUD OIG has contracted with an Independent Public Accounting (IPA) firm to conduct the annual HUD financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether HUD’s fiscal year 2025 financial statements are fairly presented and adequatelydisclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG has contracted with an Independent Public Accounting (IPA) firm toconduct the annual GNMA financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether GNMA’s fiscal year 2025 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material...

HUD OIG has contracted with an Independent Public Accounting (IPA) firm to conduct the annual FHA financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether FHA’s fiscal year 2025 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG is auditing HUD's compliance with the Payment Integrity Information Act of 2019 (PIIA) for fiscal year 2024. PIIA helps agencies identify improper payments, which could impact HUD’s beneficiaries and ultimately undermines the integrity of HUD’s programs, which hinders HUD in fully achieving its mission. Our objectives are to assess (1) whether HUD has met all requirements of PIIA for fiscal year 2024 and OMB Circular A-123...

HUD OIG is reviewing monetary audit recommendations that were closed by HUD under the new Closed Collection process. Upon receipt of a valid repayment agreement, HUD closes the recommendation but is still responsible for maintaining repayment documentation and ensuring adherence to the repayment agreement. Our review objective is to determine if HUD has established a repayment agreement and is receiving payments in accordance with the...

HUD OIG has contracted with an Independent Public Accounting (IPA) firm to conduct the annual HUD financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether HUD’s fiscal year 2024 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG has contracted with an Independent Public Accounting (IPA) firm to conduct the annual GNMA financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether GNMA’s fiscal year 2024 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material...

HUD OIG has contracted with an Independent Public Accounting (IPA) firm to conduct the annual FHA financial statement audit. The IPA's audit objectives are to (1) express an opinion on whether FHA’s fiscal year 2024 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG is auditing HUD's compliance with the Payment Integrity Information Act of 2019 (PIIA) for fiscal year 2023. PIIA helps agencies identify improper payments, which could impact HUD’s beneficiaries and ultimately undermines the integrity of HUD’s programs, which hinders HUD in fully achieving its mission. Our objectives are to assess (1) whether HUD has met all requirements of PIIA and OMB Circular A‐123, Appendix C‐Requirements...

HUD OIG is conducting continuous monitoring of HUD’s travel and purchase cards usage. Cardholders and approving officials are expected to follow published requirements and exercise a standard of care in acquiring goods and services that is necessary and reasonable (i.e., not extravagant or excessive) for the proper operation of an agency. The objective is to monitor travel and purchase card usage on a semi-annual basis for the periods...

HUD OIG has contracted with CliftonLarsonAllen LLP (CLA) to conduct the annual HUD financial statement audit. The objectives of CLA’s audit are to (1) express an opinion on whether HUD’s fiscal years 2023 and 2022 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG has contracted with CliftonLarsonAllen LLP (CLA) to conduct the annual GNMA financial statement audit. The objectives of CLA’s audit are to (1) express an opinion on whether GNMA’s fiscal years 2023 and 2022 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

HUD OIG has contracted with CliftonLarsonAllen LLP (CLA) to conduct the annual FHA financial statement audit. The objectives of CLA’s audit are to (1) express an opinion on whether FHA’s fiscal years 2023 and 2022 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant deficiencies and material weaknesses...

We plan to conduct an audit of HUD’s compliance with the Payment Integrity Information Act of 2019 (PIIA) for FY 2022. Our objectives are to assess (1) whetherHUD has met all requirements of PIIA and OMB Circular A‐123, Appendix C‐Requirements for Payment Integrity improvement and (2) HUD’s efforts to prevent and reduce improper payments. We will review (1) HUD’s procedures and internal controls related to the preparation of the...

HUD OIG has initiated the annual HUD Consolidated financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether HUD’s consolidated financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant...

HUD OIG has initiated the annual Ginnie Mae financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether Ginnie Mae’s fiscal years 2022 and 2021 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any...

HUD OIG has initiated the annual FHA financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether FHA’s fiscal years 2022 and 2021 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S. generally accepted accounting principles; (2) report any significant...

HUD OIG is conducting an audit to assess HUD’s overall fraud risk management program, and to identify fraud risks for funds that HUD received from the Coronavirus Aid Recovery and Economic Stability Act and American Rescue Plan Act. Our objectives are to 1) assess HUD’s progress in implementing a fraud risk management framework, at the enterprise and program office levels, that encompasses control activities to prevent, detect, and...