Audit of NASA’s Fiscal Year 2025 Financial Statements

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Date Issued

Friday, January 16, 2026

Submitting OIG

National Aeronautics and Space Administration OIG

Agencies Reviewed/Investigated

National Aeronautics and Space Administration

Report Number

IG-26-001

Report Description

The Office of Inspector General contracted with the independent public accounting firm Ernst & Young LLP to audit NASA’s fiscal year 2025 financial statements. The audit results found the financial statements presented fairly, in all material respects, the financial position and results of NASA’s operations.

Report Type

Audit

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/2026/01/fy25-fsa-summary-ig-26-001.pdf?…

Open Recommendations

This report has 18 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1	No	$0	$0
Ensure that financial reporting control activities require documentation to evidence management’s analysis of accounting updates, planned changes and rationale for such changes, and management’s review and approval of any planned accounting updates.
2	No	$0	$0
Perform ongoing monitoring of anticipated accounting changes and communicate potential updates to relevant stakeholders.
3	No	$0	$0
Sensitive
4	No	$0	$0
Sensitive
4	No	$0	$0
Sensitive
5	No	$0	$0
Sensitive
6	No	$0	$0
Sensitive
7	No	$0	$0
Sensitive
8	No	$0	$0
Sensitive
9	No	$0	$0
Sensitive
10	No	$0	$0
Sensitive
11	No	$0	$0
Sensitive
12	No	$0	$0
Sensitive
13	No	$0	$0
Sensitive
14	No	$0	$0
Sensitive
15	No	$0	$0
Sensitive
16	No	$0	$0
Sensitive
17	No	$0	$0
Sensitive