NASA Annual Financial Statement Audit (NAFSA)

The Contractor will perform the procedures described in the American Institute of Certified Public Accountants (AICPA) AU-C 730, “Required Supplementary Information,” for the following: 

Required Supplementary Information (e.g., Management’s Discussion and Analysis, Combining Statement of Budgetary Resources, Deferred Maintenance, etc.) as defined by the Federal Accounting Standards Advisory Board (FASAB).

Further, the Contractor will read other information in NASA’s Agency Financial Report (AFR) to identify, if any, material inconsistencies with the audited financial statements, in accordance with the requirements of AU-C 720, “Other Information in Documents Containing Audited Financial Statements.”

With respect to internal control, the Contractor shall obtain an understanding of the components of internal control and assess the level of control risk relevant to the assertions embodied in the classes of transactions, account balances, and disclosure components of the financial statements.

With respect to compliance with applicable laws, regulations, contracts, and grant agreements, the

Contractor will perform tests of compliance with provisions of applicable laws, including those governing the use of budget authority, regulations, contracts, and grant agreements that have a direct effect on the determination of material amounts and disclosures in the financial statements, and perform certain other limited procedures as described in AU-C 250.14-.16, “Consideration of Laws and Regulations in an Audit of Financial Statements.” The auditor will also perform tests to determine whether the entity's financial management systems comply substantially with Section 803(a) of the Federal Financial Management Improvement Act of 1996.

Awarded contract 80HQTR20F0062 to unknown vendor for unknown amount on 2020-02-25.