HUD OIG conducted an annual limited scope audit of the U.S. Department of Housing and Urban Development’s (HUD) compliance with the reporting requirements of the Improper Payments Information Act of 2002 (IPIA) as amended. Each agency’s inspector general is required to review and report on the agency’s annual financial report and accompanying materials. We performed our audit in conjunction with our audit of HUD’s consolidated financial statements. The objectives of our audit were to (1) determine whether HUD’s agency financial report met the reporting requirements and whether HUD had implemented its plan to address improper payments as described in the accountable official report, (2) assess HUD’s risk assessment process for identifying programs susceptible to improper payments, and (3) evaluate the sufficiency of HUD’s improper payment reduction strategies for its high-priority programs and improper payment rate for its rental housing assistance programs (RHAP).
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