NTSB -- INSPECTOR GENERAL GIVES NTSB "CLEAN" FINANCIAL REPORT FOR A SEVENTH CONSECUTIVE YEAR

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NTSB PRESS RELEASE

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National Transportation Safety Board

Washington, DC 20594

FOR IMMEDIATE RELEASE: November 18, 2009

SB-09-63

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INSPECTOR GENERAL GIVES NTSB "CLEAN" FINANCIAL

REPORT FOR A SEVENTH CONSECUTIVE YEAR

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Washington, D.C. - For the seventh consecutive year the

National Transportation Safety Board's financial statements

received an unqualified, or "clean," opinion from the

Department of Transportation Inspector General.

The results are from an audit conducted on the Safety

Board's financial statements for Fiscal Year 2009. The

opinion comes at a time when the Board has realized

improvement in several management measurements.

"As proud as I am of the continuing professionalism of the

NTSB's accident investigations," NTSB Chairman Deborah A.P.

Hersman said, "I am gratified that the agency has

demonstrated achievement in its stewardship of taxpayer

resources."

Recently, the Government Accountability Office issued a

report finding that the NTSB "has fully implemented or made

significant progress in adopting leading management

practices in all areas in which GAO made prior

recommendations." The GAO also praised the Board's

continuing improvement of information security. GAO found

that the Safety Board was in substantial compliance with the

Federal Information Security Management Act (FISMA).

"As we work to serve the American people, we must administer

our programs as efficiently and economically as possible,"

Chairman Hersman said. "To do this, we rely on our system

of management controls to assure that our financial

activities comply with applicable laws, that our items of

value are safeguarded, and that our operations are accounted

for properly."

The FY 2009-2008 Performance and Accountability Report is

available at http://www.ntsb.gov/Publictn/2009/SPC0902.htm.

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NTSB Press Contact: Ted Lopatkiewicz

(202) 314-6100

lopatt@xxxxxxxx

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