Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Accounting firm commissioned for independent review

News Release 

Wednesday 26 February 2014

Accounting firm commissioned for independent review

Rotorua mayor Steve Chadwick has confirmed that PwC (formerly PricewaterhouseCoopers) will undertake an independent review into past Rotorua District Council financial disclosures.

Mrs Chadwick said it was important that the work was completed by an external firm of the standing of PwC so the findings could enable the current council and organisation to move forward towards its shared vision of Rotorua 2030.

“PwC have a global reputation for completing thorough and impartial reviews and as a council we require just that, so the past can be the past and we can then channel our efforts and resources into the present and future needs of this district.”

Mrs Chadwick previously announced the review in response to public concerns over whether councillors had in the past had access to all the financial information they needed for making sound strategic financial decisions, and whether residents had access to enough information during annual planning processes.

The scope of the review is to investigate the adequacy of past financial disclosures made to elected members, and those made to the public during long-term plan and annual plan processes, and will cover the last two years. It will also seek comment on the framework proposed by current management to control council’s finances and reporting procedures.

RDC chief executive Geoff Williams said the final report will cost between $40,000 and $45,000. It is expected to be back to the mayor and councillors before the end of the financial year and the outcomes of the report would be made public.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Wage Hike For MPs (and Paul Robeson)

Hard to tell what is more infuriating. Is it the 5.3% increase on the already bloated salaries of MPs, or their pantomime of outrage at being gifted with such a wonderful back-dated bonanza?

As usual, Prime Minister John Key has busily tried to distance himself from the political fallout, even though he happens to be the main beneficiary of the Remuneration Authority’s generosity. Finance Minister Bill English says with a straight face that it would actually be very hard to give the money back...

Even if it were true, it would actually be very easy for English and any other guilty colleagues, to give the extra money away. There are any number of food banks or homeless shelters who would be able to put the money to good use. More>>

 

PARLIAMENT TODAY:

No Designers Or Visual Artists: Flag Panel Members Announced

The Government has appointed 12 New Zealanders as members of the Flag Consideration Panel which will engage with the public about a possible new New Zealand flag, Deputy Prime Minister Bill English says. More>>

ALSO:

Labour MP Stands Down From Portfolio: Comment From Carmel Sepuloni

The first I knew of my mother’s charges was when I was called by a reporter yesterday. I spoke to Andrew and we agreed there is a conflict of interest at the present time which means I will temporarily stand aside from the Social Development portfolio. It’s the right thing to do… . More>>

ALSO:

Gordon Campbell: On Whether NZ Troops Are The Least Of Islamic State’s Problems

Given that it has been politically packaged and sold as a training mission, the Iraq deployment announced yesterday by Prime Minister John Key seemed to be mysteriously short of actual trainers... The other wing of the argument is whether a troop deployment is (a) the only effective way and (b) the appropriate time to combat Islamic State. More>>

ALSO:

143 Troops, Possible SAS Deployment, Legalities Unsorted: PM’s Statement On ISIL

Mr Speaker, today I am announcing to the House the Government’s decisions about our contribution to the fight against the Islamic State of Iraq and the Levant, or ISIL... More>>

ALSO:

Liu Saga: PM's Dinner With Controversial Donor

John Key must front up to New Zealand and say what he discussed with Donghua Liu when the disgraced businessman paid $25,000 for the Prime Minister to come to dinner at his Remuera home, the Green Party said today. More>>

ALSO:

Roads: National MP 'Concerned' At Overseas Driver Crashes

Waitaki MP and Parliamentary Private Secretary for Tourism Jacqui Dean said she was concerned at the number of fatal crashes involving overseas licence holders and she really felt that the time had come for more to be done. More>>

ALSO:

Parliament Today: Parole Bill Passes

A bill reducing parole hearings deemed to be unnecessary has passed. The third reading of the Parole Amendment Bill was completed by 104 to 16 with the Greens and Maori Party opposed. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news