Shh! NASA Just Got Another Great Audit.
Keith’s 15 Nov note: NASA used to be plague by awful financial audits. Then it cleaned up its act. You’d think that such good news would be worthy of some smart media placement i.e. so the story can get into the publication process well before the deadlines are reached and maximum eyeballs can see it. Or maybe on the following Monday when it would have a week to be seen. Guess again. NASA sent this media release out at 5:27 pm EST today “NASA Receives 14th Consecutive ‘Clean’ Financial Audit Opinion“. As I post this 4.5 hours later NASA has still made no mention of the stealth news at @NASA for its 83.7 million followers. @NASAOIG posted a tweet at 5:23 pm for its 7,000 or so followers to see. No mention on the main home page at NASA.gov unless you know to dig for it. Here is the actual report. Again, this is good news, right Marc Etkind? Or are y’all just phoning things in now – since who cares? 18 Nov update: well @NASA just tweeted a link at 5:00 pm EST – thus losing one media day.
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Congratulations to NASA on another “clean” audit opinion. However, the 2024 audit comes with a new “Material Weakness in Financial Reporting Oversight Controls,” as identified by the auditors on page 91 of the Agency Financial Report. Although this new material weakness did not negatively impact the accuracy of the 2024 financial statements, one must question whether self-aggrandizing personal pursuits of NASA’s Deputy CFO for Finance contributed to the deficiency identified by the auditors. Similarly, the jury is out as to whether lax oversight by NASA’s OIG resulted from the fact that its Deputy for Audits has been working remotely from the idyllic woods of New England.