●  PG&E Corp · FY 2024 

Controls & Procedures

Robust internal controls are fundamental to maintaining corporate trust and ensuring accurate public disclosure. Assessments conducted by PG&E Corp through December 31, 2024, concluded that its procedures for recording and reporting financial information were effective. The company further reported no material weaknesses or significant deficiencies in its internal control over financial reporting during the period.

PCG L1 Synthesis
●  SYMBOLOGY.ONLINE l1 SYNTHESIS 

Pg&e Corp Controls & Procedures Synthesis

Internal Controls and Procedures Assessment Report

Overall Summary

Based on the provided SEC filing excerpts, PG&E Corporation has concluded that its disclosure controls and procedures are effective as of December 31, 2024. The company reports no material changes in internal control over financial reporting during the period, nor does it disclose any identified material weaknesses or significant deficiencies within this section.

Management's Conclusions on Controls Effectiveness

Disclosure Controls and Procedures (DCP)
  • Conclusion: Effective. Principal executive officers and principal financial officers have concluded that DCP are effective to ensure required information is properly recorded, processed, summarized, and reported within specified time periods.
  • Communication: The controls also ensure that necessary information is accumulated and communicated timely to management, including the respective principal executives and financial officers, allowing for timely disclosure decisions.
Internal Control Over Financial Reporting (ICFR)
  • Status: Management has prepared an annual report on ICFR, which appears in Item 8 of the Form 10-K. This report is accompanied by the audit opinion from Deloitte & Touche LLP.
  • Assessment Note: While the existence of a formal annual report and independent audit is noted, this excerpt does not contain management's explicit conclusion regarding the effectiveness of ICFR itself.

Identified Weaknesses and Changes

Material Weaknesses or Significant Deficiencies
  • Finding: None were identified or disclosed in this section of the filing.
Changes to Internal Controls
  • Status: No material changes occurred. The company explicitly stated that there were no changes in internal control over financial reporting during the quarter ended December 31, 2024, that materially affected or are reasonably likely to materially affect ICFR.

Remediation and New Procedures

Remediation Efforts
  • Status: Not applicable, as no material weaknesses or significant deficiencies were identified.
Noteworthy Controls Introduced
  • Finding: No new controls or procedures were introduced during the reporting period that were detailed in this excerpt.