All Audit Documents
181 - 190 of 353 Results
Audit Reports
GOVERNANCE: Addressing Remaining Shortcomings Would Lead to a Budget Development Process More Fully Aligned with Leading Practices
Since its creation in 1971, Amtrak (the company) has had to rely on federal assistance—$46 billion to date—because passenger revenue and other funding sources do not cover the company’s costs.
01/16/2017
Audit Reports
Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2015
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, 2015, and for the year then ended, and to provide a report on interna
Tracking Number: OIG-A-2017-003 | 01/09/2017
Audit Reports
ACQUISITION AND PROCUREMENT: Adopting Additional Leading Practices to Manage the Baltimore Penn Station Redevelopment Could Help Mitigate Project Risks
In September 2015, Senator Barbara Mikulski requested that we review the company’s efforts to redevelop Baltimore Penn Station.
Tracking Number: OIG-A-2017-002 | 12/13/2016
Engagement Memos
Engagement Memo – Audit of the Potential Effect of Drug and Alcohol Use on Company Operations (Project 004-2017)
We are initiating an audit of the company’s efforts to minimize the risks associated with employees’ drug and alcohol use, especially for those in safety-sensitive positions.
Tracking Number: 004-2017 | 11/07/2016
Engagement Memos
Engagement Memo—Next-Generation High-Speed Trainset Program (Project code 002-2017)
We are initiating a review of the Company’s Next-Generation High-Speed Trainset Program.
Tracking Number: 002-2017 | 11/06/2016
Engagement Memos
Engagement Memo—Audit of Amtrak’s Ethics Program (Project code 003-2017)
We are initiating an audit of the company’s ethics program. Our objective is to assess the company’s program for ensuring ethical conduct, and preventing and detecting potential conflicts of interest.
Tracking Number: 003-2017 | 11/03/2016
Engagement Memos
Engagement Memo – Audit of the Short Term Incentive (STI) and Long Term Incentive (LTI) Payments (Project 001-2017)
In anticipation of the company making incentive payments to its employees by December 31, 2016, the Board of Directors has asked us to review the company’s compliance with the requirements of the Short Term Incentive (STI) and Long Term Incentive
Tracking Number: 001-2017 | 10/30/2016
Audit Reports
SAFETY AND SECURITY: Progress Made in Implementing Positive Train Control, but Additional Actions Needed to Ensure Timely Completion of Remaining Tasks
The Positive Train Control Enforcement and Implementation Act of 2015 requires Amtrak (the company) to implement an approved Positive Train Control (PTC) safety system by December 31, 2018.
Tracking Number: OIG-A-2017-001 | 10/05/2016
Audit Reports
ACQUISITION AND PROCUREMENT:Opportunities Exist to Improve Management of Technical Support Services Contracts
Our objective was to examine the extent to which the contract management team followed leading practices in managing the Siemens technical support services contract and to determine whether there are opportunities to improve the management of this
Tracking Number: OIG-A-2016-013 | 09/29/2016
Audit Reports
GOVERNANCE:Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2015
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, 2015, and for the year then ended, and to provide a report on interna
Tracking Number: OIG-A-2016-012 | 09/28/2016