Audit of NASA's Fiscal Year 2024 Financial Statements

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Date Issued

Friday, November 15, 2024

Submitting OIG

National Aeronautics and Space Administration OIG

Agencies Reviewed/Investigated

National Aeronautics and Space Administration

Report Number

IG-25-001

Report Description

We contracted with the independent public accounting firm Ernst & Young LLP to audit NASA’s fiscal year 2024 financial statements. This audit resulted in a “clean” or unmodified opinion.

Report Type

Review

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

External Link

https://oig.nasa.gov/wp-content/uploads/2024/11/ig-25-001.pdf?emrc=6763285765436

Open Recommendations

This report has 3 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1	No	$0	$0
Ensure that control activities are operating as designed and that the appropriate level of documentation to evidence reviews is maintained to prevent and detect material misstatements.
2	No	$0	$0
Consider whether additional training on proper operation of its controls is necessary to enhance NASA’s financial reporting control environment.
3	No	$0	$0
Perform ongoing monitoring over the operating effectiveness of its financial reporting controls.