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Financial Management: NASA Certification of Funds

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Report Type Reports and Testimonies
Report Date Nov. 9, 1992
Report No. AFMD-93-30ML
Subject
Summary:

GAO reviewed the National Aeronautics and Space Administration's (NASA) internal controls and financial management systems and operations, focusing on the certification of funds for obligations. GAO found that NASA: (1) did not follow proper procedures for certifying funds for obligation; (2) did not certify reduced allotment levels until after the Office of Management and Budget notified it that its calculations exceeded available amounts; (3) avoided overobligations, since it notified its offices of reduced allotments and cancelled obligations accordingly; and (4) improperly certified and released funds for obligations 2 days earlier than legislation permitted. GAO also found that there was no evidence that NASA improperly obligated the funds.

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