U.S. flag

An official website of the United States government Here’s how you know

The .gov means it’s official.

Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

The site is secure.

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Hotline

Report Fraud, Waste and Abuse
  • Recommendation Number: 2014-FO-0003-002-G
  • Status: Open
  • Date Issued: December 16, 2013

Ensure that PIH’s automation of its cash management process complies with Federal financial management requirements.

Publication Report

2014-FO-0003 | December 15, 2013

Additional Details To Supplement Our Report on HUD’s Fiscal Years 2013 and 2012 (Restated) Financial Statements

We are required to annually audit the consolidated financial statements of the U.S. Department of Housing and Urban Development (HUD) in accordance with the Chief Financial Officers Act of 1990 as amended. This report supplements our report on the… more

Related Recommendations

Public and Indian Housing

  •  
    Status
      Open
      Closed
    2014-FO-0003-002-C

    Implement a cost-effective method for automating the cash management process to include an electronic interface of transactions to the standard general ledger.

Chief Financial Officer

  •  
    Status
      Open
      Closed
    2014-FO-0003-002-E

    Review the cash management process to identify all financial events to be recognized in accordance with GAAP. Establish procedures to account for the cash management activity in a timely manner in compliance with GAAP.