Audit Reports
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November 10, 2009
Quality Control Review of NTSB’s FY 2009 and FY 2008 Financial Statements
Project ID:
QC-2010-009
View PDF Document
http://www.ntsb.gov/publictn/gen_pub.htmSummary
On November 10, 2009, we issued a quality control report on the audit of the National Transportation Safety Board’s fiscal years 2009 and 2008 financial statements. Leon Snead & Company, P.C., under contract to us and under our supervision, issued a clean (unqualified) audit opinion but reported one significant deficiency due to the lack of a managerial cost accounting system.
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 29.