Audit Reports
June 20, 2024 | Audit Reports
Financial Management: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2023
Amtrak (the company) contracted with the independent public accounting firm of Ernst & Young LLP to audit its consolidated financial statements… Read more
May 02, 2024 | Audit Reports
MAJOR PROGRAMS: Portal North Bridge Project is Progressing, but Opportunities Exist to Improve Company Oversight and Reduce Risk
Our objective was to assess the company’s efforts to support New Jersey Transit (NJ Transit) and oversee company interests as construction advances… Read more
April 18, 2024 | Audit Reports
Train Operations: Opportunities Exist to Better Use Data to Improve the Customer Experience
Providing consistent, high‐quality customer service has been a longstanding strategic priority for Amtrak (the company). To that end, the company… Read more
February 22, 2024 | Audit Reports
ASSET MANAGEMENT: Company Has Opportunities to More Effectively Manage and Safeguard Maintenance-of-Equipment Inventory
Our objective was to evaluate the effectiveness of the company’s processes and controls for managing and safeguarding its inventory.
We found… Read more
January 05, 2024 | Audit Reports
FINANCIAL MANAGEMENT: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2023
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
December 14, 2023 | Audit Reports
HUMAN RESOURCES: Company is Meeting Hiring Goals but Has Opportunities to Improve Hiring Efficiency
Our objective was to assess the extent to which the company is prepared to hire, onboard, and retain a sufficient agreement workforce to execute its… Read more
December 11, 2023 | Audit Reports
TECHNOLOGY: Amtrak Has Opportunities to More Effectively Protect Its Information Systems and Data from Insider Threats
Like other organizations, Amtrak (the company) faces the inherent cybersecurity risk that employees or contractors are “insider threats”—that is,… Read more
September 29, 2023 | Audit Reports
Major Programs: Company Improved Management of New Acela Program, but Additional Delays and Cost Increases are Likely
Our objective was to reassess the company’s management and oversight of New Acela, including the trainset acquisition and other program elements… Read more
September 14, 2023 | Audit Reports
MAJOR PROGRAMS: Americans with Disabilities Act Program Progressing, but Faces Some Challenges to Meeting Completion Goals
Our objective was to provide the status of the company’s progress toward achieving compliance with the ADA and identify any challenges that could… Read more
September 01, 2023 | Audit Reports
FINANCIAL MANAGEMENT: The Company Has Proactively Taken Steps to Comply with the Infrastructure Investment and Jobs Act
Our objective was to assess the company’s early efforts to comply with all Infrastructure Investment and Jobs Act requirements, with a focus on its… Read more