In accordance with the Accountability of Tax Dollars Act of 2002, we are initiating an audit of the National Transportation Safety Board’s (NTSB) financial statements for fiscal years 2019 and 2018. The objective of this audit is to express an opinion on whether NTSB’s financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States.
We have engaged an independent audit firm, Allmond & Company, LLC, to conduct this audit. The firm will conduct its work subject to OIG oversight and in accordance with generally accepted Government auditing standards and the Office of Management and Budget’s (OMB) Bulletin 19-01, Audit Requirements for Federal Financial Statements. The work will be done at NTSB Headquarters in Washington, DC, and its service provider in Denver, CO. The audit report is due to OMB by November 15, 2019.