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− | NASA is unable to document where its money is going or survive financial audits.
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− | [http://www.gao.gov/htext/d05492r.html Read what the GAO has to say about NASA:]
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− | "NASA is still unable to provide detailed support for the
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− | amounts obligated against the limits. Thus, we could not verify the
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− | amounts NASA reported to Congress in its budget requests for fiscal
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− | years 2002 through 2006."
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− | In 1992 the GAO released a report titled [https://books.google.com/books?id=e5jnT4Nx9TEC&pg NASA's Financial Reports are Based on Unreliable Data]
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− | A 2005 GAO Report states that "[https://books.google.com/books?id=iV9xgn3AOmgC&lpg=PP2&dq=GAO%20NASA%20Financial%20Reports&pg=PP2#v=onepage&q&f=false Most federal agencies have been able to obtain qualified audit options, while NASA's financial statements remain unauditable]"
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− | ===Other GAO reports of interest===
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− | - [https://www.gao.gov/products/GAO-07-254T Improper Payments: Incomplete Reporting under the Improper Payments Information Act Masks the Extent of the Problem]
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− | - [https://www.gao.gov/products/GAO-06-216T National Aeronautics and Space Administration: Long-standing Financial Management Challenges Threaten the Agency's Ability to Manage Its Programs]
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− | - [https://www.gao.gov/products/GAO-04-754T National Aeronautics and Space Administration: Significant Actions Needed to Address Long-standing Financial Management Problems]
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− | - [https://books.google.com/books?id=pX37YVKd5cQC NASA's Integrated Financial Management Program Does Not Fully Address Agency's External Reporting Issues]
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− | - [https://www.gao.gov/products/GAO-02-551T National Aeronautics and Space Administration: Leadership and Systems Needed to Effect Financial Management Improvements]
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− | - [https://www.gao.gov/products/T-AFMD-92-9 Financial Management: NASA's Decisions Are Based on Unreliable Systems Data and Reports]
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