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GAO: NASA Should Standardize Loss of Crew Risk Computation

The Government Accountability Office has recommended that NASA enforce a standard method for establishing the likelihood of astronauts being permanently injured or killed while on board a spacecraft. NASA’s administrator should instruct pertinent agency heads “to collectively determine and document… how the agency will determine its risk tolerance level with respect …

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David Norquist: DoD to Undergo Full-Scale Audit in 2018

David Norquist, Defense Department undersecretary and comptroller, has said DoD’s components and financial statements are scheduled to undergo full audits in 2018, Federal News Radio reported Tuesday. Norquist told lawmakers during a House Armed Services Committee hearing that DoD collaborated with independent public accounting companies to facilitate the full-scope audit. “Most …

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Financial Mgmt Pro David Norquist Confirmed as Pentagon’s Comptroller

The Senate on Thursday voted unanimously to confirm David Norquist, a former partner at Alexandria, Virginia-based financial services contractor Kearney & Company, as comptroller of the Defense Department, Inside Defense reported Thursday. President Donald Trump nominated Norquist to the DoD comptroller post in March. Norquist said during his confirmation hearing before the Senate Armed Services Committee earlier …

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NASA Unveils Agency’s FY 2016 Financial Report; David Radzanowski Comments

NASA has released its fiscal year 2016 Agency Financial Report that details the agency’s financial results and performance from the year’s financial statements that received an unmodified audit opinion with a “clean” mark for a sixth consecutive year. The space agency said Thursday it received highest-possible opinion from an external auditor and results …

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GAO: Federal Reserve Should Address Info Systems General Control Security, Configuration Management Issue

The U.S. Government Accountability Office has reached out to each Federal Reserve Bank and provided four recommendations to address the three areas of concern found on the information systems controls maintained by the Fed. GAO identified security and configuration management-related issues on the information systems during its audit of the fiscal 2014 and …

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