Audit Reports
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
July 17, 2023 | Audit Reports
GOVERNANCE: Company Is Strengthening Project Cost Management but Can Better Organize Costs and Improve Guidance
Our objective was to identify any challenges with company systems and processes that could impede the Capital Delivery department’s ability to… Read more
June 23, 2023 | Audit Reports
SAFETY AND SECURITY: Company Faces Impediments Identifying and Managing Private Security Contractors
Our initial objective was to assess the effectiveness of the company’s oversight and coordination of its private security contractors, but we… Read more
June 02, 2023 | Audit Reports
Financial Management: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2022
Amtrak (the company) contracted with the independent public accounting firm of Ernst & Young LLP to audit its consolidated financial statements… Read more
May 09, 2023 | Audit Reports
Safety and Security: Observations on Security at the *REDACTED* Facility
We issued this management advisory report to bring immediate attention to risks we identified during a visit to an Amtrak facility for a separate… Read more
December 22, 2022 | Audit Reports
TRAIN OPERATIONS: Company Has Improved Management of Intercity Trainset Acquisition and Can Improve Stakeholder Engagement on Major Capital Programs
Our objective for this report was to assess the company’s oversight of the Intercity Trainset program.
We found that the company experienced… Read more
December 20, 2022 | Audit Reports
GOVERNANCE: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2022
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
December 12, 2022 | Audit Reports
SAFETY AND SECURITY: Amtrak Has Opportunities to Strengthen Controls over High-security Keys
Our objective for this report was to assess the extent to which the company has controls to manage, distribute, track, and retrieve high-security… Read more