Audit of the Federal Housing Administration’s Financial Statements for Fiscal Years 2018 and 2017 (Restated)
The Chief Financial Officers Act of 1990 (Public Law 101-576), as amended, requires the Office
of Inspector General to audit the financial statements of the Federal Housing Administration
(FHA) annually. We audited the accompanying financial statements and notes of FHA as of and
for the fiscal years ending September 30, 2018 and 2017 (restated), which are comprised of the
balance sheets, related statements of net cost and changes in net position, and combined
statements of budgetary resources for the years then ended. Additionally, we audited the