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Independent auditors give Seattle City Light a clean opinion on 2024 financials; no material weaknesses found
Summary
Baker Tilly presented its 2024 Seattle City Light financial audit to the committee, reporting an unmodified (clean) opinion, no material weaknesses or significant deficiencies, no adjusting journal entries, and highlighted information technology and cybersecurity as ongoing areas of attention.
Baker Tilly presented the results of the 2024 financial audit for Seattle City Light at the Aug. 1 committee meeting, issuing an unmodified audit opinion and reporting no material weaknesses or significant control deficiencies.
Aaron Worthman, lead audit principal for Baker Tilly, told the committee the audit was “very straightforward” and that the firm did not identify errors or adjusting journal entries during its work. “At the end of this year's audit, your financial statements have received an unmodified opinion,” Worthman said. Baker Tilly reported that the engagement included about 1,200 audit hours…
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