Quality Control Review of the National Transportation Safety Board’s Audited Financial Statements for Fiscal Years 2013 and 2012
We conducted a quality control review of the National Transportation Safety Board’s (NTSB) financial statements for fiscal years 2013 and 2012. Leon Snead & Company, P.C., under contract to our office, issued a clean (unmodified) audit opinion on NTSB’s financial statements. Leon Snead & Company, P.C.’s report included one material weakness in internal control over financial reporting. There were no instances of reportable noncompliance with laws and regulations tested. Our review disclosed no instances in which Leon Snead & Company, P.C. did not comply, in all material respects, with auditing standards.