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NASA's inability to balance its checkbook by tens of millions could hurt the space agency's chances to return to the moon by 2018, federal auditors said. The Government Accountability Office said NASA has been advised to make 45 changes in its accounting procedures, but so far only three have been fixed and 13 others partly fixed, the Orlando (Fla.) Sentinel reported Friday. "The lack of reliable, day-to-day information continues to threaten NASA's ability to manage its programs, oversee its contractors and effectively allocate its budget across its numerous projects and programs," said Gregory Kutz of the GAO. However, NASA Chief Financial Officer Gwendolyn Sykes said the agency has made progress and had fixed 34 of the problems previously cited. Several years ago, NASA's accounting problems led to a surprise $4.5 billion cost overrun on the international space station, said Allen Li of the GAO. Some lawmakers said the agency's cost overruns might jeopardize NASA's $100 billion moon-Mars venture. All rights reserved. © 2005 United Press International. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by United Press International. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of United Press International. Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express 
Reorganization At KSC Aligns Center With NASA Exploration Vision
Cape Canaveral FL (SPX) Oct 10, 2005NASA's Kennedy Space Center has created four new offices in response to the Exploration Systems Architecture Study, which aims to implement the nation's vision for space exploration. |
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