http://www.oig.dot.gov/rss.jsp?subject=5 The 10 most recent releases on the U.S. DoT OIG web site related to DOT Financial Management en-US webmaster@oig.dot.gov (OIG Webmaster) http://www.oig.dot.gov/images/dot.gif http://www.oig.dot.gov/rss.jsp?subject=5 http://www.oig.dot.gov/item.jsp?id=2580 At the request of Representative John Mica, the Ranking Member of the House Transportation and Infrastructure Committee, we will initiate an audit on job creation and reporting associated with the American Recovery and Reinvestment Act of 2009 (ARRA). Our audit objecitves are to determine whether (1) Aiport Improvement Program, and Facilities and Equipment projects funded under ARRA are preserving and creating jobs; and (2), the reporting of job data satisfies ARRA requirements. Fri, 20 Nov 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2580 http://www.oig.dot.gov/item.jsp?id=2573 On November 16, we issued a quality control report on the audit of the Department of Transportations (DOTs) Fiscal Years 2009 and 2008 consolidated financial statements. Clifton Gunderson LLP, under contract to us and under our supervision, issued a clean (unqualified) audit opinion. However, Clifton Gunderson indentified five internal control significant deficiencies and one instance of noncompliance with laws and regulations. Complete financial statements will be included in DOTs Performance and Accountability Report, which also will contain a copy of the Clifton Gunderson, LLP report. This page will be updated when the link is available. Mon, 16 Nov 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2573 http://www.oig.dot.gov/item.jsp?id=2572 On November 13, we issued a quality control report on the audit of the Federal Aviation Administrations (FAAs) Fiscal Years 2008 and 2009 financial statements. Clifton Gunderson LLP, under contract to us and under our supervision, issued a clean (unqualified) audit opinion. However, Clifton Gunderson indentified one significant deficiency, related to Property, Plant, and Equipment Accounting and Reporting. Complete financial statements will be included in FAAs Performance and Accountability Report, which also will contain a copy of the Clifton Gunderson, LLP report. This page will be updated when the link is available. Fri, 13 Nov 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2572 http://www.oig.dot.gov/item.jsp?id=2571 On November 10, 2009, we issued a quality control report on the audit of the National Transportation Safety Boards fiscal years 2009 and 2008 financial statements. Leon Snead & Company, P.C., under contract to us and under our supervision, issued a clean (unqualified) audit opinion but reported one significant deficiency due to the lack of a managerial cost accounting system. Tue, 10 Nov 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2571 http://www.oig.dot.gov/item.jsp?id=2568 On November 5, we issued a quality control review report of the audit of the Saint Lawrence Seaway Development Corporations financial statements for fiscal years 2009 and 2008. Chiampou Travis Besaw & Kershner LLP, under contract to the Seaway, issued a clean (unqualified) audit opinion and reported no internal control deficiencies. Complete financial statements will be included in the Saint Lawrence Seaway Development Corporations Annual Report which also will contain a copy of our quality control report and the Chiampou Travis Besaw & Kershner report. Thu, 05 Nov 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2568 http://www.oig.dot.gov/item.jsp?id=2560 On October 26, we issued a quality control review report on a single audit performed by Deloitte & Touche on the New York Metropolitan Transportation Authoritys use of DOT grants for the fiscal year for the State of New York ending December 31, 2007. During this period, the Authority received about $1.55 billion of grants from FTA. Deloitte & Touche rendered an unqualified (clean) opinion on the Authoritys financial statements and did not question any costs concerning DOT grant programs. In addition, it did not identify any significant deficiencies in internal controls over compliance with the FTA programs. We determined that Deloitte & Touches work generally met the requirements of Generally Accepted Government Auditing Standards, the Single Audit Act of 1984, as amended, and the Office of Management and Budget Circular A133. We found nothing to indicate that Deloitte & Touches opinion on the financial statements or reports on internal control and compliance were inappropriate or unreliable. We also performed a limited review of PricewaterhouseCoopers work on two subcomponents of the Authority, the New York City Transit Authority and Metropolitan Suburban Bus Authority for the State of New York fiscal year ending December 31, 2008. We identified several documentation deficiencies in PricewaterhouseCoopers workpapers. Based on the explanations and additional information provided by PricewaterhouseCoopers, we determined that these documentation deficiencies did not affect the overall audit results. However, they should be corrected in future audits to adequately support the audit conclusion. Deloitte & Touche and PricewaterhouseCoopers concurred with our recommendations. Mon, 26 Oct 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2560 http://www.oig.dot.gov/item.jsp?id=2561 On October 26, we issued a quality control review report on a single audit performed by KPMG on the Los Angeles County Metropolitan Transportation Authoritys use of DOT grants for the State of California fiscal year ending June 30, 2008. During this period, the Authority received about $277 million of grants from FTA. KPMG rendered an unqualified (clean) opinion on the Authoritys financial statements, but questioned more than $3.3 million charged to FTA programs. We determined that KPMGs work generally met the requirements of Generally Accepted Government Auditing Standards, the Single Audit Act of 1984, as amended, and the Office of Management and Budget Circular A133. We found nothing to indicate that KPMGs opinion on the financial statements or reports on internal control and compliance were inappropriate or unreliable. KPMG concurred with our recommendations. Mon, 26 Oct 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2561 http://www.oig.dot.gov/item.jsp?id=2582 The Office of Inspector General (OIG) issued a management advisory to the Federal Transit Administration (FTA) on a potentially serious safety issue related to the adequacy of foundations at a segment of the Dulles Corridor Metrorail Project. This issue remains unresolved a year after we first brought it to FTAs attention in a November 2008 Hotline complaint. A credible source contacted OIG asserting that the Metropolitan Washington Airports Authority, the project sponsor, had not conducted sufficient testing on eleven pier foundations and their underlying steel piles that were built 30 years ago, and will support a portion of the projects new guiderail. The FTAs response to our Hotline complaint was incomplete and inconsistent with subsequent engineering information that FTA provided to us. In our management advisory, we prompted FTA to conduct a review of project management performance to assess whether adequate oversight is being conducted on the project. In addition, we urged FTA to develop a plan outlining how it will ensure that sufficient testing of the existing foundations will take place before additional construction is undertaken at the locations in question. Finally, we encouraged FTA to outline additional steps it plans to take to enhance future oversight of the project. We will consider actions taken as a result of this management advisory as part of our planned audit of FTAs Dulles Project oversight, which we announced on November 19, 2009. Thu, 22 Oct 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2582 http://www.oig.dot.gov/item.jsp?id=2541 On September 21, we issued a quality control review report on a single audit performed by Clifton Gunderson on the City of Phoenixs (the City) use of DOT grants for the fiscal year ending June 30, 2008. During this period, the City received about $200 million of grants from FTA, FHWA, FAA, and NHTSA. Clifton Gunderson rendered an unqualified (clean) opinion on the Citys financial statements and did not question any costs concerning DOT grant programs. However, it identified a significant deficiency in internal control over compliance with the FHWA programthe City did not prepare the Schedule of Expenditures of Federal Awards on an accrual accounting basis. We determined that Clifton Gundersons work generally met the requirements of Generally Accepted Government Auditing Standards, the Single Audit Act of 1984, as amended, and the Office of Management and Budget Circular A133.We found nothing to indicate that Clifton Gundersons opinion on the financial statements or reports on internal control and compliance were inappropriate or unreliable. However, we identified several documentation deficiencies in Clifton Gundersons workpapers. Based on the explanations and additional information provided by Clifton Gunderson, we determined that these documentation deficiencies did not affect the overall audit results. However, they should be corrected in future audits to adequately support the audit conclusion. Clifton Gunderson concurred with our recommendation and agreed to provide its FY 2009 audit workpapers for our followup review. Mon, 21 Sep 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2541 http://www.oig.dot.gov/item.jsp?id=2527 The Office of Inspector General plans to audit the National Highway Traffic Safety Administrations (NHTSA) Consumer Assistance to Recycle and Save Program (CARS). In August 2009, legislation added $2 billion to the original $1 billion program. The legislation requires us to review NHTSAs administration of CARS. Further, at the request of Senator Charles Grassley, we will focus on NHTSAs implementation of the program. The objective of this audit is to assess whether NHTSAs oversight and management controls ensure that CARS transactions (1) meet Federal requirements; (2) use data that are accurate and reliable; and (3) are protected against fraud, waste, and abuse. Wed, 19 Aug 2009 00:00:00 GMT http://www.oig.dot.gov/item.jsp?id=2527