NASA FORM 533M & 533Q, MONTHLY CONTRACTOR FINANCIAL MANAGEMENT REPORT and QUARTERLY CONTRACTOR FINANCIAL MANAGEMENT REPORT (AUG 1996)

NASA FORM 533M & 533Q, MONTHLY CONTRACTOR FINANCIAL MANAGEMENT REPORT and QUARTERLY CONTRACTOR FINANCIAL MANAGEMENT REPORT (AUG 1996)., The NASA Contractor Financial Management Report, comprised of NASA Forms 533 Monthly and 533 Quarterly (NF 533M and 533Q), is the basic financial medium for subcontractor reports of estimated and incurred costs. The NF 533M and 533Q: Provide essential data for projecting costs and hours to ensure that subcontractor performance is realistically planned and supported by dollar and labor resources. Compare cost and time-phased baseline plan data. Produce credible cost estimates. Produce auditable financial reporting documents. Should be as accurate as possible, so they may be used to facilitate informed, timely decisions and to project estimates at completion.