INDEPENDENT AUDITOR'S REPORT

HUD's Office of Inspector General (OIG) is required by the Chief Financial Officers Act of 1990, as amended by the Government Management Reform Act of 1994 and implemented by Office of Management and Budget (OMB) Bulletin 07-04, Audit Requirements for Federal Financial Statements, to audit HUD's principal financial statements or select an independent auditor to do so.  Read more...

This report is supplemented by a separate report issued by the HUD OIG (Additional Details to Supplement Our Report on HUD's Fiscal Years 2012 and 2011 Financial Statements 2012-FO-0003, dated November 15, 2012), to provide a more detailed discussion of the internal control and compliance issues and to provide specific recommendations to HUD management.  Read more...