RD402 - Virginia Commercial Space Flight Authority Report on Audit for the Year Ended June 30, 2009


Executive Summary:
We have audited the basic financial statements of the Virginia Commercial Space Flight Authority as of and for the year ended June 30, 2009 and issued our report thereon, dated November 18, 2009. Our report is included in the Virginia Commercial Space Flight Authority’s Annual Report that it anticipates releasing on or around December 1, 2009.

Our audit of the Virginia Commercial Space Flight Authority for the year ended June 30, 2009 found:

• the financial statements are presented fairly, in all material respects;
• no material weaknesses in internal control over financial reporting; and
• no instances of noncompliance or other matters required to be reported under Government Auditing Standards.