Quality Control Review of the Single Audit on the National Railroad Passenger Corporation and Subsidiaries (Amtrak)
On April 22, 2014, DOT OIG issued a quality control review of the single audit performed by Ernst & Young LLP (E&Y) on the National Railroad Passenger Corporation and Subsidiaries’ (Amtrak) use of DOT grants for the fiscal year ended September 30, 2012. During this period, the Amtrak expended approximately $1.7 billion from DOT's grant programs. E&Y determined that DOT’s major program was the National Railroad Passenger Corporation Grants. OIG determined that the E&Y's audit work was Acceptable with Deficiencies and therefore, generally met the requirements of the Single Audit Act, Office of Management and Budget's Circular A-133, "Audits of States, Local Governments, and Non-Profit Organizations," and DOT's major program. OIG found nothing to indicate that E&Y’s opinion on DOT’s major program was inappropriate or unreliable.