Audit Reports
June 30, 2025 | Audit Reports
Acquisition and Procurement: Company Has Opportunities to More Effectively Ensure That It Awards Contracts in Its Best Interest
Our objective was to assess the extent to which the company has effective processes and controls during the pre-award phase to ensure contracts it… Read more
June 13, 2025 | Audit Reports
Financial Management: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2024
Amtrak (the company) contracted with the independent public accounting firm of Ernst & Young LLP to audit its consolidated financial statements… Read more
April 14, 2025 | Audit Reports
Safety and Security: Company is Taking Steps to Address its Risk of Train Strikes but Does Not Have a Comprehensive Risk Management Process
Our objective was to assess the company’s efforts to identify and manage its risk of train strikes—incidents in which a train hits people or vehicles… Read more
January 31, 2025 | Audit Reports
Technology: Results of Audit Assessing the Company’s Disaster Recovery Practices for Its Operational Technology Systems
Amtrak uses operational technology (OT) systems to manage equipment that controls train operations, such as communications and dispatching.… Read more
January 20, 2025 | Audit Reports
Financial Management: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2024
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
December 13, 2024 | Audit Reports
Major Programs: Company Established a Management Framework for Long Distance Fleet Replacement Program but Can Improve Risk Management and Clarify Lines of Authority
Our objective was to assess the company’s management and oversight of this program and to identify any risks to its successful delivery.
We… Read more
September 27, 2024 | Audit Reports
MAJOR PROGRAMS: Amtrak Is Establishing a Structure for Managing the Frederick Douglass Tunnel Program, but Better Planning Would Improve Oversight and Reduce Risks
Our objective was to assess the company’s management and oversight of the Frederick Douglass Tunnel program.
We found that the company is… Read more
June 20, 2024 | Audit Reports
Financial Management: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2023
Amtrak (the company) contracted with the independent public accounting firm of Ernst & Young LLP to audit its consolidated financial statements… Read more
May 02, 2024 | Audit Reports
MAJOR PROGRAMS: Portal North Bridge Project is Progressing, but Opportunities Exist to Improve Company Oversight and Reduce Risk
Our objective was to assess the company’s efforts to support New Jersey Transit (NJ Transit) and oversee company interests as construction advances… Read more
April 18, 2024 | Audit Reports
Train Operations: Opportunities Exist to Better Use Data to Improve the Customer Experience
Providing consistent, high‐quality customer service has been a longstanding strategic priority for Amtrak (the company). To that end, the company… Read more