All Audit Documents
We plan to review the Mechanical department’s operating efficiency.
Tracking Number: 010-2017 | 05/10/2017
We are initiating an audit of the company’s contracting policies and practices.
Tracking Number: 009-2017 | 04/12/2017
Engagement Memo— Monitoring the Work of the Independent Public Accountant Conducting the FY 2017 Financial Statement Audit and Single Audit (Projects 006-2017 and 007-2017)
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) 2017 Consolidated Financial Statements (Project 006-2017) and
Tracking Number: 006-2017 and 007-2017 | 04/05/2017
Engagement Memo—Survey of the Asset Monetization/Terminal Development Initiative (Project Code 008-2017)
We are initiating a survey of Amtrak’s (the company’s) Asset Monetization/Terminal Development Initiative.
Tracking Number: 008-2017 | 04/05/2017
GOVERNANCE: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2016
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, 2016, and for the year then ended, and to provide a report on interna
Tracking Number: OIG-A-2017-008 | 03/27/2017
TRAIN OPERATIONS: ON-TIME PERFORMANCE REPORTING GENERALLY ACCURATE; ADDITIONAL ACTIONS COULD ENHANCE DELAY REPORTING
On-time rail performance is important to Amtrak (the company) achieving its strategic goals of acquiring and retaining satisfied customers and enhancing its revenues.
Tracking Number: OIG-A-2017-007 | 03/02/2017
ACQUISITION AND PROCUREMENT: MASTER SERVICES AGREEMENTS ARE NOT STRATEGICALLY MANAGED, AND AWARD AND OVERSIGHT PROCESSES CAN BE IMPROVED
Since fiscal year (FY) 2009, Amtrak (the company) has increased its use of a contracting vehicle called a Master Services Agreement (MSA) from as few as 10 in FY 2009 to at least 76 ongoing in FY 2016.
Tracking Number: OIG-A-2017-006 | 02/22/2017
ACQUISITION AND PROCUREMENT: Improved Management and Oversight of GE Diesel Locomotive Service Contract Could Lead to Savings
Amtrak’s (the company) fleet of 269 General Electric (GE) diesel locomotives power trains on 15 long-distance routes and 26 state-supported routes.
Tracking Number: OIG-A-2017-005 | 02/02/2017
We are initiating an audit of the company’s efforts to ensure the physical security of its passengers, employees, and critical infrastructure.
Tracking Number: 005-2017 | 01/26/2017
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.
Tracking Number: OIG-A-2017-004 | 01/16/2017