January 31, 2022
Required by the Accountability of Tax Dollars Act of 2002
Quality Control Review of the Management Letter for the Surface Transportation Board’s Audited Financial Statements for Fiscal Years 2021 and 2020
What We Looked At
This report presents the results of our quality control review (QCR) of Allmond & Company, LLC’s management letter regarding the audit it conducted, under contract with us, of the Surface Transportation Board’s (STB) financial statements as of and for the fiscal year ended September 30, 2021. The management letter discusses internal control matters that Allmond was not required to include in its report on the audit.
What We Found
Our quality control review of the management letter disclosed no instances in which Allmond did not comply, in all material respects, with generally accepted Government auditing standards.
Allmond made eight recommendations in its management letter. STB concurred with all eight recommendations.