NASA OIG on NASA Finances and Challenges

NASA OIG: NASA's Most Serious Management and Performance Challenges

"Through various Agency initiatives and by implementing recommendations made by the Office of Inspector General (OIG) and other evaluative bodies, such as the Government Accountability Office, NASA is working to improve Agency programs and operations. However, challenges remain in the following areas:

* Transitioning from the Space Shuttle to the Next Generation of Space Vehicles
* Managing Risk to People, Equipment, and Mission
* Financial Management
* Acquisition and Contracting Processes
* Information Technology Security"

NASA OIG: Audit of the National Aeronautics and Space Administration's Fiscal Year 2009 Financial Statements

"In the "Report of Independent Auditors" (Enclosure 1), E&Y disclaimed an opinion on NASA's financial statements for the fiscal years ended September 30, 2009 and 2008. While the Agency made significant progress in improving its financial processes and systems, the disclaimer resulted from continued weaknesses in internal controls over accounting for legacy property, plant, and equipment (PP&E)."

  • submit to reddit


Loading




Join our mailing list




Commercialization: Monthly Archives

Monthly Archives

About this Entry

This page contains a single entry by Keith Cowing published on November 16, 2009 9:31 PM.

STS-129 Launch Video was the previous entry in this blog.

One-Off Rockets is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.