Monitoring of HUD Programs
The HUD Office of Inspector General (OIG) is responsible for promoting the integrity, efficiency and effectiveness of HUD programs. The OIG reviews auditors’ audit documentation to determine compliance with generally accepted auditing standards (GAAS) and generally accepted government auditing standards (GAGAS). Auditors subject to a review are selected from referrals from other HUD offices. Audit firms with significant numbers of HUD clients are more likely to be reviewed by the OIG. OIG also periodically updates the HUD Handbook 2000.04, Consolidated Audit Guide for Audits of HUD Programs (HUD Audit Guide) to reflect changes in HUD regulations, GAAS, and GAGAS.
