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Independent auditors give Pittsburg a clean audit opinion, note internal-control findings
Summary
Auditor Stacy Hammond of BT and Co. presented the city's 2024 annual financial statements and issued an unmodified (clean) opinion, while reporting a significant deficiency and a material weakness related to federal-expenditure documentation and suspension/debarment checks; the city submitted corrective action plans and auditors will follow up next year.
Stacy Hammond, partner at BT and Co., presented the City of Pittsburgs 2024 audited financial statements to the commission on Sept. 23 and said auditors issued an unmodified opinion, indicating the statements are presented fairly in all material respects under generally accepted accounting principles.
Hammond walked commissioners through the audit scope and standards, noting the audit was performed under generally accepted auditing standards, government auditing standards, the Single Audit Act, and related OMB uniform guidance. "As a…
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