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REPORTAR FRAUDE, DESPERDICIO O ABUSO
Noviembre 15, 2023
2024-FO-0003
Full Report
Accessible PDF

We contracted with the independent public accounting firm of CliftonLarsonAllen LLP (CLA) to audit the financial statements of HUD as of and for the fiscal years ended September 30, 2023 and 2022, and to provide reports on HUD’s (1) internal control over financial reporting and (2) compliance with laws, regulations, contracts, and grant agreements and other matters, including whether financial management systems complied substantially with the requirements of the Federal Financial Management Improvement Act of 1996 (FFMIA).  Our contract with CLA required that the audit be performed in accordance with U.S. generally accepted government auditing standards, Office of Management and Budget audit requirements, and the Financial Audit Manual of the U.S. Government Accountability Office and the Council of the Inspectors General on Integrity and Efficiency.

In its audit of HUD, CLA reported

  • That HUD’s financial statements as of and for the fiscal years ended September 30, 2023 and 2022, were presented fairly, in all material respects, in accordance with U.S. generally accepted accounting principles.
  • No material weaknesses for fiscal year 2023 in internal control over financial reporting, based on limited procedures performed.
  • One significant deficiency for fiscal year 2023 in internal control over financial reporting, based on the limited procedures performed.  The significant deficiency was related to HUD’s financial reporting controls over grant accruals and the Office of Public and Indian Housing’s cash management process.
  • One reportable matter for fiscal year 2023 of noncompliance with provisions of applicable laws, regulations, contracts, and grant agreements and other matters.  The reportable matter related to HUD’s noncompliance with the Single Audit Act.

In connection with the contract, we reviewed CLA’s reports and related documentation and questioned its representatives.  Our review, as differentiated from an audit of the financial statements in accordance with U.S. generally accepted government auditing standards, was not intended to enable us to express and we do not express opinions on HUD’s financial statements or conclusions about (1) the effectiveness of HUD’s internal control over financial reporting; (2) HUD’s compliance with laws, regulations, contracts,  and grant agreements or other matters; or (3) whether HUD’s financial management systems complied substantially with the three FFMIA requirements.  CLA is responsible for the attached Independent Auditors’ Report, dated November 15, 2023, and the conclusions expressed therein.  Our review disclosed no instances in which CLA did not comply, in all material respects, with U.S. generally accepted government auditing standards.

HUD’s financial statements are included in HUD’s Agency Financial Report which can be found at afr2023 (hud.gov).