Monitoring the Work of Amtrak's IPA Conducting the FY 2013 Financial Statement Audit and Single Audit (Projects 007-2013 and 008-2013)

This is to inform you that the Office of Inspector General (OIG) is initiating an engagement to monitor the Fiscal Year (FY) 2013 Amtrak Consolidated Financial Statement Audit (Project 007-2013) and Single Audit (Project 00B-2013). We are in the third year of implementing our plan to monitor the audit work performed by Amtrak's independent public accountant (IPA) (see Attachment).The objectives of this engagement are to(l) determine whether the IPA performed the audit of Amtrak'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 Amtrak's 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 (OMB) CircularA-133, Audits of States, Local Governments, and Non-Profit Organizations; and (3) follow up on prior recommendations made to the Audit and Finance Committee and Chief Financial Officer (CFO) to improve Amtrak's oversight of the IPA.