Audit Reports
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Audit Reports
Quality Control Review: Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Years Ended 2013 and 2012
Amtrak (the Company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial statements as of September 30, 2013 and 2012, and for the years then ended, and to provide a report
Tracking Number: OIG-A-2015-003 | 01/12/2015
Audit Reports
ASSET MANAGEMENT: Opportunities Exist to Enhance Decision-Making Process for Utilization of Long-Distance Equipment
Amtrak’s network of 15 long-distance trains is expected to lose almost $615 million in fiscal year 2014.
Tracking Number: OIG-E-2015-001 | 10/23/2014
Audit Reports
TRAIN OPERATIONS AND BUSINESS MANAGEMENT: Addressing Management Weaknesses Is Key to Enhancing the Americans with Disabilities Program
Tracking Number: OIG-A-2014-010 | 08/03/2014
Audit Reports
ASSET MANAGEMENT: Amtrak Followed Sound Practices in Developing a Preliminary Business Case for Procuring Next-Generation High-Speed Trainsets and Could Enhance its Final Case with Further Analysis
Our objectives for this report were to determine (1) the extent to which the preliminary business case incorporated sound business practices identified in OIG-E-2013-014 and OIG-E-2013-020 and (2) issues that the acquisition team could address to
Tracking Number: OIG-E-2014-007 | 05/28/2014
Audit Reports
ACQUISITION AND PROCUREMENT: Closer Alignment with Best Practices Can Improve Effectiveness
The objective of this review was to conduct a comparative analysis of Amtrak’s procurement operations and best practices to determine whether there were opportunities for improvement.
Tracking Number: OIG-A-2014-006 | 05/06/2014
Audit Reports
PASSENGER RAIL INVESTMENT AND IMPROVEMENT ACT OF 2008: Accomplishments and Requirements that Deserve Consideration for Future Authorizing Legislation
Our reporting objectives were to provide an assessment of (1) the corporation’s progress implementing Amtrak-assigned PRIIA provisions by comparing the provision’s requirements to the progress it has made to address them, and (2) the areas that pr
Tracking Number: OIG-A-2014-003 | 01/08/2014
Audit Reports
FOOD AND BEVERAGE SERVICE: Potential Opportunities to Reduce Losses
Our reporting objective is to assess actions taken by Amtrak to reduce operating losses from the food and beverage service, and also to determine whether opportunities exist to improve financial performance while providing services to the travelli
Tracking Number: OIG-A-2014-001 | 10/31/2013
Audit Reports
ASSET MANAGEMENT: Amtrak is Preparing to Operate and Maintain New Locomotives, but Several Risks to Fully Achieving Intended Benefits Exist
This report provides the results of our evaluation of Amtrak’s efforts to commission its new fleet of ACS‐64 electric locomotives.
Tracking Number: OIG-E-2013-021 | 09/26/2013
Audit Reports
CORPORATE GOVERNANCE: Planned Changes Should Improve Amtrak’s Capital Planning Process, and Further Adoption of Sound Business Practices Will Help Optimize the Use of Limited Capital Funds
This report discusses the extent to which the capital planning process reflects sound business practices in (1) developing project proposals, (2) selecting capital projects to fund, and (3) evaluating project outcomes.
Tracking Number: OIG-E-2013-020 | 09/26/2013
Audit Reports
American Recovery and Reinvestment Act: Amtrak Has Taken Positive Steps to Safeguard Funds Used For Concrete Tie Replacement Program
This report discusses Amtrak’s efforts to safeguard the use of ARRA funds in its concrete tie replacement program, focusing on its oversight of the production of replacement ties by Rocla.
Tracking Number: OIG-E-2013-017 | 09/18/2013