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Water Utilities Trust accepts FY 2024 audit after accounting adjustments from ERP changeover
Summary
Trustees accepted the FY 2024 annual financial report after auditors issued an unqualified opinion following accounting adjustments tied to a recent Oracle ERP implementation; trustees praised staff for managing the transition.
The Oklahoma City Water Utilities Trust on Sept. 23 accepted the FY 2024 annual financial report after auditors issued an unqualified opinion following accounting adjustments tied to the utility’s recent ERP implementation.
Alex, controller finance for the City of Oklahoma City, told trustees that the auditors "issued the opinion" and that "the financial statements referred to above present fairly in all material respects the respective financial position." He said the auditors also…
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