Audit Reports

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National Transportation Safety Board FY 2004 Financial Statements

Summary

We issued our quality control review of the audit giving an unqualified or “clean” opinion for NTSB’s FY 2004 financial statements. The report presented two material weaknesses previously reported by management and made two new recommendations. We found that the audit conducted by contractor Leon Snead & Company of Rockville, MD, was performed in accordance with applicable standards. More information from the actual report can be found in the NTSB 2004 DOT Performance and Accountability Report.