You are here

Audit Reports

133 records found.
August 18, 2017  |  Audit Reports

GOVERNANCE: Quality Control Review of Amtrak’s Single Audit for Fiscal Year 2016

Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial... Read more
Tracking Number
OIG-A-2017-015
August 15, 2017  |  Audit Reports

Human Resources: Additional Actions Needed to Improve Controls on Incentive Awards

The Passenger Rail Investment and Improvement Act (PRIIA) of 2008 encouraged Amtrak’s (the company) Board of Directors to develop an incentive pay... Read more
Tracking Number
OIG-A-2017-014
August 14, 2017  |  Audit Reports

ACQUISITION AND PROCUREMENT: Improved Management of Diesel Fuel Program Could Lead to Cost Savings

Our office initiated an investigation into Sevier Valley Oil Company, which supplied fuel directly to the locomotives, and found that weaknesses in... Read more
Tracking Number
OIG-A-2017-013
June 26, 2017  |  Audit Reports

GOVERNANCE: Better Adherence to Leading Practices for Ethics Programs Could Reduce Company Risks

Our work showed the company’s current ethics-related activities partially align with some leading practices; however, these actions do not, in the... Read more
Tracking Number
OIG-A-2017-012
June 19, 2017  |  Audit Reports

INFORMATION TECHNOLOGY: Operations Foundation Program—Restructuring Could Help Control Costs and Limit Risks

The Operations Foundation program (the program) is a large, complex information technology (IT) and business process initiative designed to improve... Read more
Tracking Number
OIG-A-2017-011
June 16, 2017  |  Audit Reports

GOVERNANCE: Opportunities Exist to Strengthen Controls to Ensure that Utility Accounts Are Deactivated After Real Estate Transactions

Amtrak (the company) owns about $12 billion in real property assets across the nation, including 96 stations and 623 miles of right-of-way track. The... Read more
Tracking Number
OIG-A-2017-010
March 27, 2017  |  Audit Reports

GOVERNANCE: Quality Control Review of the Independent Audit of Amtrak’s Consolidated Financial Statements for Fiscal Year Ended 2016

Amtrak (the company) contracted with the independent certified public accounting firm of Ernst & Young LLP to audit its consolidated financial... Read more
Tracking Number
OIG-A-2017-008
March 2, 2017  |  Audit Reports

TRAIN OPERATIONS: On-Time Performance Reporting Generally Accurate; Additional Actions Could Enhance Delay Reporting

On-time rail performance is important to Amtrak (the company) achieving its strategic goals of acquiring and retaining satisfied customers and... Read more
Tracking Number
OIG-A-2017-007
February 22, 2017  |  Audit Reports

ACQUISITION AND PROCUREMENT: Master Services Agreements Are Not Strategically Managed, and Award and Oversight Processes Can Be Improved

Since fiscal year (FY) 2009, Amtrak (the company) has increased its use of a contracting vehicle called a Master Services Agreement (MSA) from as few... Read more
Tracking Number
OIG-A-2017-006
February 3, 2017  |  Audit Reports

ACQUISITION AND PROCUREMENT: Improved Management and Oversight of GE Diesel Locomotive Service Contract Could Lead to Savings

Amtrak’s (the company) fleet of 269 General Electric (GE) diesel locomotives power trains on 15 long-distance routes and 26 state-supported routes.... Read more
Tracking Number
OIG-A-2017-005

Pages