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Salt Lake City receives clean financial‑statement opinion; auditors flag ERP conversion reporting weakness and federal schedule omission
Summary
Auditors issued an unmodified (clean) opinion on the city’s FY2024 financial statements but reported a material weakness in reconciliations tied to the Workday conversion and noted omitted programs from the schedule of expenditures of federal awards; single‑audit testing of major federal programs found no reportable compliance findings.
Auditors presented the city’s FY2024 financial‑statement audit to the Salt Lake City Council on Feb. 18 and delivered a clean (unmodified) opinion but disclosed control and reporting issues related to the city’s transition to the Workday enterprise resource planning system.
Opinion and key findings - Audit opinion: Eide Bailly reported an unmodified (clean) opinion on the city’s government‑wide and major‑fund financial statements. - Reporting and internal control: auditors identified a material weakness tied to reporting and account reconciliations during the Workday conversion. Auditors said the transition produced delays and adjustments in the city’s account reconciliations and that the city experienced…
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