ATEL 16 Appoints Baker Tilly as New Auditor Following Moss Adams Merger
The transition comes without audit disagreements, signaling a seamless change in accounting oversight.
June 09, 2025
ATEL 16, LLC Transitions to Baker Tilly After Merger with Moss Adams
ATEL 16, LLC has made a clean transition to a new audit firm. On June 3, 2025, Moss Adams LLP informed the company that it had completed a merger with Baker Tilly US, LLP. As part of that process, Moss Adams resigned as ATEL 16’s independent auditor, and Baker Tilly stepped in to take over.
The change was approved by the company’s Audit Committee and took effect immediately. For ATEL 16, this wasn’t a disruption—it was a procedural shift that came without any complications. Over the past two years, Moss Adams issued audit reports that were fully unqualified. No modifications, disclaimers, or uncertainties appeared in those statements. Everything remained in line with standard financial reporting practices.
There were also no disagreements during that time—none on accounting policies, financial disclosures, or audit methods. Moss Adams didn’t raise concerns, and there were no “reportable events” that needed additional disclosure. This gave ATEL 16 a straightforward path to move forward with a new auditor.
Before the filing was submitted to the SEC, ATEL 16 sent Moss Adams a draft for review and requested a letter confirming the accuracy of the statements. That letter, dated June 6, 2025, is now included in the company’s official record.
Baker Tilly was not previously consulted on any accounting issues or audit opinions before being named auditor. This means the firm is entering the relationship without any preconceptions—just a mandate to carry forward the work seamlessly.
What This Means for ATEL 16
For ATEL 16, this transition reflects disciplined oversight and a commitment to maintaining high standards across its financial operations. The process was orderly, and the outcome leaves the company well-positioned as it continues to meet its reporting obligations with consistency and transparency.
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