All Audit Documents
December 14, 2016 | Audit Reports
ACQUISITION AND PROCUREMENT: Adopting Additional Leading Practices to Manage the Baltimore Penn Station Redevelopment Could Help Mitigate Project Risks
In September 2015, Senator Barbara Mikulski requested that we review the company’s efforts to redevelop Baltimore Penn Station. In October 2015, we… Read more
November 08, 2016 | Engagement Memos
Engagement Memo – Audit of the Potential Effect of Drug and Alcohol Use on Company Operations (Project 004-2017)
We are initiating an audit of the company’s efforts to minimize the risks associated with employees’ drug and alcohol use, especially for those in… Read more
November 07, 2016 | Engagement Memos
Engagement Memo—Next-Generation High-Speed Trainset Program (Project code 002-2017)
We are initiating a review of the Company’s Next-Generation High-Speed Trainset Program. Our objectives are to (1) assess the effectiveness and… Read more
November 04, 2016 | Engagement Memos
Engagement Memo—Audit of Amtrak’s Ethics Program (Project code 003-2017)
We are initiating an audit of the company’s ethics program. Our objective is to assess the company’s program for ensuring ethical conduct, and… Read more
November 02, 2016 | Other Audit Correspondence
Close-out Memorandum: Audit of Agreement-Covered Employee Eligibility for Health Care Benefits
On April 16, 2015, we initiated an audit of Amtrak's (the company) management of eligibility determinations for agreement employees’ healthcare… Read more
October 31, 2016 | Engagement Memos
Engagement Memo – Audit of the Short Term Incentive (STI) and Long Term Incentive (LTI) Payments (Project 001-2017)
In anticipation of the company making incentive payments to its employees by December 31, 2016, the Board of Directors has asked us to review the… Read more
October 06, 2016 | Audit Reports
SAFETY AND SECURITY: Progress Made in Implementing Positive Train Control, but Additional Actions Needed to Ensure Timely Completion of Remaining Tasks
The Positive Train Control Enforcement and Implementation Act of 2015 requires Amtrak (the company) to implement an approved Positive Train Control (… Read more
September 30, 2016 | Audit Reports
ACQUISITION AND PROCUREMENT:Opportunities Exist to Improve Management of Technical Support Services Contracts
Our objective was to examine the extent to which the contract management team followed leading practices in managing the Siemens technical support… Read more
September 29, 2016 | Audit Reports
GOVERNANCE:Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2015
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
September 15, 2016 | Engagement Memos
Engagement Memo— Monitoring the Work of the Independent Public Accountant Conducting the FY 2016 Financial Statement Audit and Single Audit
This is to inform you that we are initiating engagements to monitor the work of the independent public accountant (IPA) performing the audits of… Read more