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

 

PARLIAMENT TODAY:

Flyover Over: NZTA Not Appealing Flyover Decision

The NZ Transport Agency has decided not to appeal the High Court’s Basin Bridge decision, and says the High Court’s findings provide valuable clarity to help guide the development of future infrastructure projects throughout the country. More>>

ALSO:

Developing Crown Land: Government, Auckland Iwi Reach Agreement

The government has reached agreement with Ngati Whatua and other Auckland iwi over developing 500 hectares of excess land in Auckland for private housing which had been under High Court challenge. More>>

ALSO:

Gordon Campbell: On Maurice Williamson

Maurice Williamson seems to have been granted an annual licence to embarrass the National Party, and its that time of year again. Also as per usual, Williamson’s recent exercise in sexism and homophobia has passed by with barely a murmur from his leader. More>>

ALSO:

Green Climate Plan: Shaw Launches 40% Emission Cut Target

Green Party co-leader James Shaw has announced an emissions target initiative for 40% reduction by 2030. He said agriculture has to long been used as a reason for inaction, a roadblock to action... He proposed a tax of 8 cents per kilo of milk. More>>

ALSO:


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>

ALSO:

Cycling:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news