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![handle is hein.gao/gaobaawks0001 and id is 1 raw text is: DOCUMENT RESUME
04567 - [23634872]
Need for Additional Internal Audit Coverage in the National
Aeronautics and Space Administration. FGMSD-78-12; B-160759.
December 27, 1977. 4 pp. + 5 appendices (17 pP.).
Report to Robert A. Prosch, Administrator, National Aeronautics
and Space Administration; by D. L. Scantlebury, tirector,
Financial and General Management Studios Div.
Issue Area: Internal Auditing Systems: Sufficiency of Federal
Auditors and Coverage (201).
Contact: Financial and General management Studies Div.
Budget Function; Miscellaneous: Financial management and
Information Systems (1002).
Organization Concerned= Defense Ccntract audit Agency.
Congqeasional Relevances House Committee on Science and
Technology; Satate Comi~ttee on Commerce, Science, and
Transportation.
Authority: Accounting and Auditing Act of 1950 (30 U.S.C. 66a).
Anti-Deficiency Act, sec. 1311.
The National Aeronautics and Space Administration's
(nASA's) internal audit staff has been reduced by 50% since
1967. The reduced audit staff has been unable to adequately
audit internal operations at headquarters antl several field
centers and component installations. NASA carries out itu
miesicn primarily through research tnd development contracts
with industry which are audited by the Defense Ccntract Audit
Agency (DCAA)a NASAs Office of Audit reviews DCAA's work and
conducts its own audits of IASAls in-house research and
developme~t. Findinqs/Conclusions: NASA's internal audit
function is geographically decentralized, with about 90% of the
auditors located in regional offices. The Office of Audit issued
232 resorts during fiscal years 1974 through 1976, of which 39
were on imprest funds and required only a few days to complete.
Of the remaining reports, 50 were financial and 36 others
included some aspects of financial operations. Audit coverage at
each field center varied substantially and audit coverage at
headquarters was generally lacking. Vith the ezception of
imprest fund audit reports, only three reports were issued
during the period on headquarters activities. No reviews were
made of the financial management control system, payroll system,
property, accounts receivable, administrative control of funds,
or the validity of financial reports required to be submitted to
the Office of Management and budget or the Treasury Department.
Recommendations: The Adainistrator of NASA should assess the
audit function to determine what actions should be taken to
provide effective coverage of internal operations. (Author/SC)](ViewImageLocal?handle=hein.gao/gaobaawks0001&div=1&collection=&method=preview&ext=.png&size=3)