Audits

On November 7, 2011, we issued an audit report on our quality control review of the audit of the National Transportation Safety Board's (NTSB) financial statements for fiscal years 2011 and 2010. Leon Snead & Company, P.C., under contract to the OIG, issued a clean (unqualified) audit opinion on NTSB's financial statements. Leon Snead & Company, P.C.'s report did not include any reportable internal control deficiencies or instances of reportable noncompliance with laws and regulations tested. 

Complete financial statements are included in NTSB's Performance and Accountability Report, which also contains a copy of the Leon Snead & Company, P.C. report beginning on page 34.