The California Public Utilities Commission (CPUC or Commission) Utility Audits Branch (UAB) within the Utility Audits, Risk and Compliance Division, engaged Sjoberg Evashenk Consulting, Inc., to conduct an audit of California American Water Company’s (CAW) 2022 balancing accounts. The purpose of this balancing account audit was to determine if transactions and activities reported and recorded in CAW’s balancing accounts were for allowable purposes, supported by appropriate documentation, and maintained in compliance with applicable laws and CPUC regulations.
The full report can be found here.