Semiannual Report to Congress #35 (October 1, 2006 - March 31, 2007)
This Semiannual Report, submitted pursuant to the Inspector General Act, summarizes the more significant audits, evaluations, and investigations for the six-month period ending March 31, 2007.
The OIG issued 15 audit reports in the last two quarters, including performing oversight work for the company’s audited financial statements, and performing a review of Amtrak’s capital budgeting processes. We have recommended that Amtrak make some changes to its current business processes to document better its “state-of-good-repair” program for infrastructure and equipment. We are working
closely and cooperatively with management to improve the financial bases and justifications for all capital budget requests. Our auditors are also working closely with Amtrak’s Information Technology department to develop a comprehensive plan for a new ‘enterprise architecture’ that will better serve Amtrak ’s future business needs.