All Audit Documents
July 28, 2016 | Other Audit Correspondence
Close-out Memorandum: Accounting for Business Lines of Operation
On March 11, 2015, we initiated an audit of the company’s accounting for business lines of operation. The objective of this audit was to review the… Read more
July 15, 2016 | Audit Reports
GOVERNANCE: Controls to Avoid Duplicate Medical Payments of Agreement Employees Appear Generally Effective, but Some Payment Errors Still Occur
Amtrak’s (the company) group medical plan is self-insured and pays its healthcare costs directly from the company’s operating budget. During calendar… Read more
July 12, 2016 | Engagement Memos
Engagement Memo—Monitoring Gateway Program
This is to inform you that we are initiating a review to monitor Amtrak’s (the Company’s) activities associated with the Gateway Program. The… Read more
June 08, 2016 | Audit Reports
ACQUISITION AND PROCUREMENT: Adequate Competition for Most Contracts Awarded Under Americans with Disabilities Act Program but Procurement Policies Could be Improved
The Fixing America’s Surface Transportation Act1 or the FAST Act included a requirement that we determine whether current expenditures or… Read more
May 18, 2016 | Audit Reports
GOVERNANCE: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2014
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
March 10, 2016 | Engagement Memos
Audit of Controls Over Utility Accounts for Sold or Transferred Real Estate Assets
We are initiating an audit of Amtrak’s processes for managing its utility accounts. Our objective is to evaluate the company’s management controls… Read more
February 24, 2016 | Engagement Memos
Baltimore Penn Station Redevelopment Issues
We are initiating a follow-on review of the company’s readiness to undertake and oversee a master development procurement approach to redevelop… Read more
February 19, 2016 | Audit Reports
ASSET MANAGEMENT: Observations on New Jersey High-Speed Rail Improvement Program (NJ HSRIP) Vehicle Management
Our reporting objective was to provide additional information and observations on the effectiveness of certain vehicle fleet management practices on… Read more
February 04, 2016 | Audit Reports
GOVERNANCE: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2014
Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial… Read more
February 01, 2016 | Audit Reports
ASSET MANAGEMENT: Additional Actions Can Help Reduce Significant Risks Associated with Long-Distance Passenger Car Procurement
Amtrak (the company) contracted with CAF USA in 2010 to acquire 130 new single-level long-distance passenger cars, with a scheduled completion date… Read more