From: NASA Office of Inspector General
Posted: Monday, November 28, 2005
Date: November 14, 2005
Chief Financial Officer
FORM: Inspector General
SUBJECT: Audit of National Aeronautics and Space Administration's Fiscal Year 2005 Financial Statements
"Under the Chief Financial Officers Act of 1990, NASA's Financial Statements are to be audited within generally accepted government auditing standards. The Office of Inspector General selected the independent financial public accounting firm Ernst & Young LLP (E&Y) to audit NASA's financial statements in accordance with Government Auditing Stanards and Office of Management and Budget (OMB) Bulletin No. 01-02, Audit Requirements for Federal Financial Statements, as amended.
In the enclosed Report of Independent Auditors, E&Y disclaimed an opinion on NASA's financial statements for the fiscal year ended September 30, 2005. The disclaimer resulted from NASA's inability to provide E&Y auditable financial statements and sufficient evidence to support the financial stements throughout the fiscal year and at year-end."
Full Report: 14 Nov 2005 Audit of the National Aeronautics and Space Administration's Fiscal Year 2005 Financial Statements. (PDF)
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