New Audit Announcements
Audit Initiated of the National Transportation Safety Board’s Financial Statements for Fiscal Years 2020 and 2019
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 2020 and 2019. The objective of this audit will be 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 subject to OIG oversight. Allmond will conduct its work in accordance with generally accepted Government auditing standards and the Office of Management and Budget’s (OMB) Bulletin 19-03, Audit Requirements for Federal Financial Statements. The work will be done at NTSB’s Headquarters in Washington, DC, and at its service provider in Denver, CO. The audit report is due to OMB by November 15, 2020.