Engagement Memo— Monitoring the Work of the Independent Public Accountant Conducting the FY 2018 Financial Statement Audit and Single Audit
May 08, 2018 | Engagement Memos
This is to inform you that we are initiating engagements to monitor the work of the independent public accountant (IPA) performing the audits of Amtrak’s (the company) Fiscal Year (FY) 2018 Consolidated Financial Statements (Project 010-2018) and Single Audit (Project 011-2018). Our objectives are to: (1) determine whether the IPA performed the audit of the company’s Consolidated Financial Statements in accordance with generally accepted government auditing standards issued by the Comptroller General of the United States; (2) determine whether the IPA performed the Single Audit in accordance with generally accepted government auditing standards issued by the Comptroller General of the United States and Office of Management and Budget, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200; and (3) monitor the company’s administration and facilitation of the audits.
010-2018 and 011-2018