Engagement Memo—Audit of Private Railcar Services
We are initiating an audit of the company’s management of private railcar services. Our objective is to assess the extent to which the company is identifying and billing private rail car owners for the full costs associated with the movement, storage, and support services provided to private rail cars.
During the audit, we plan to interview company officials involved in the management and operations of private railcar services, as well as analyze documents and data related to these services. Our requests for documents and data will be made as our work progresses. We also will work to minimize the impact of the audit by coordinating interviews and observations with staff in advance.