National Aeronautics and Space Administration's First-Year Implementation of the Federal Manager's Financial Integrity Act
NSIAD-84-100, May 1, 1984
GAO reviewed the National Aeronautics and Space Administration's (NASA) implementation of the Federal Managers' Financial Integrity Act.
GAO found that NASA expanded its existing internal control review process in response to the requirements of the act. GAO believes that the overall approach used by NASA was reasonable, but that some improvements are needed, including: (1) stronger review and oversight procedures by NASA management; (2) improved training on how to perform vulnerability assessments; (3) more effective follow-up systems; (4) a new inventory of internal control systems at NASA; and (5) clarification of the basis for reporting material weaknesses. GAO also suggested improvements to the NASA accounting system evaluation program that would improve NASA compliance with the act.