All Audit Documents
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
March 28, 2025 | Engagement Memos
Engagement Memo—IIJA Compliance
We are initiating an audit of Amtrak’s (the company) administration of funds provided by Congress in the Infrastructure Investment and Jobs Act (IIJA… Read more
March 28, 2025 | Engagement Memos
Engagement Memo—Positive Train Control
We are initiating a review of Amtrak’s (the company) oversight and operation of Positive Train Control (PTC)—its key safety system for preventing… Read more
March 27, 2025 | Other Audit Correspondence
Financial Management: Review of Amtrak’s Procurement of Its Independent Public Accountant
In January 2025, the company selected, and the Amtrak Board of Directors appointed the company’s Independent Public Accountant (IPA). We oversaw the… Read more
March 14, 2025 | Engagement Memos
Engagement Memo— Monitoring the Work of the Independent Public Accountant Conducting the Fiscal Year 2025 Consolidated Financial Statement Audit and Single Audit
We are initiating engagements to monitor the work of the independent certified public accountant (IPA) performing the audits of Amtrak’s (the company… Read more
February 05, 2025 | Engagement Memos
Engagement Memo—Cloud Computing Practices
We are initiating a review of Amtrak’s (the company) practices for cloud computing— technology that provides on‐demand access to shared servers and… 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 20, 2024 | Engagement Memos
Engagement Memo—National Facilities Program
We are initiating an audit of Amtrak’s (the company) National Facilities Program (NFP). This program is intended to upgrade facilities needed to… 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