Moderate Risk Identified in HUD's Fiscal Years 2017-2018 Purchase Card Program Risk Assessment
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, has completed its annual risk assessment of HUD’s purchase cards as required by the Government Charge Card Abuse Prevention Act of 2012 (Public Law 112-194) and Office of Management and Budget Memorandum M-13-21. Our objective was to identify and analyze risks of illegal, improper, or erroneous purchases and payments in HUD’s fiscal years 2017 and 2018 purchase card program. We found that a moderate risk was associated with HUD’s purchase card program.