The City and County of Honolulu Should Improve Its Fraud Risk Management Practices for Its ESG CARES Act Program
Audit · Department of Housing and Urban Development OIG · 2024-08-06 · about Department of Housing and Urban Development
Report
Title
The City and County of Honolulu Should Improve Its Fraud Risk Management Practices for Its ESG CARES Act Program
Submitting OIG
Department of Housing and Urban Development OIG
Component agency
Department of Housing and Urban Development
Type
Audit
Publication date
2024-08-06
Summary
We audited the City and County of Honolulu’s Department of Budget and Fiscal Services’ and Department of Community Services’ (City) fraud risk management practices for its Emergency Solutions Grants Coronavirus Aid, Relief, and Economic Security Act (ESG CARES Act) program with the objective of assessing the maturity of the City’s fraud risk management framework that encompasses control activities to prevent, detect, and respond to fraud. Fraudulent activity in the ESG CARES Act program can lead to significant financial losses; reputational damage to the grantee and the U.S.
Recommendations (2)
#
Status
Text
2024-LA-1002-001-A
Open
Improve or enhance its antifraud efforts for the ESG program and incorporate fraud risk management practices that are consistent with the best practices identified in the Government Accountability Office's A Framework for Managing Fraud Risks…
2024-LA-1002-001-B
Open
Obtain training or technical assistance as needed on the implementation of fraud risk management practices.