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.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Public Sector Still Shrinking: Record Low Number Of 'Backroom Bureaucrats'

Ongoing restraint in the public sector and a focus on better frontline services has seen a further reduction in the number of core Government employees, State Services Minister Paula Bennett says. More>>


Disobeying The Law: Police Censorship Of Crime Research “An Outrage”

The Green Party is calling on Police Minister Michael Woodhouse to ensure Police scrap controversial contracts that place onerous restrictions on academic researchers’ access to Police data, the Green Party says. More>>


Q+A Transcript: Groser ‘Not Expecting’ Failure At UN Climate Talks

‘I will be very surprised if we don’t get an agreement. I think it’s a completely different situation to Copenhagen for a number of reasons. We’ve got a much more realistic negotiating proposal on the table. Secondly, I think the science has strengthened...’ More>>


Greenpeace Protest:

Climate Talks, Immigration And Housing: PM's Post Cabinet Press Conference

Prime Minister John Key began by talking about his recent attendance at the APEC and ASEAN summits. He segued neatly from the opportunities available in Vietnam to outlining his upcoming itinerary which includes Malta, Paris and Berlin. More>>


After Urgent Law Change: Beneficiaries Urged To Act Immediately

I am hoping that thousands more people will be enabled to lodge their review... people without internet, who don't even realise that this has been happening. If just a fraction of the people on facebook can help others to put in reviews tomorrow it could improve so many more peoples Christmas. More>>


Auckland: Phil Goff To Run For Mayor In 2016

Phil Goff has today announced his decision to stand as an Independent candidate for Mayor of Auckland next year... As Mayor, Phil Goff will focus on a number of issues that directly impact on the lives of Aucklanders, including tackling traffic congestion and increasing the housing supply. More>>


Foreign Affairs: Mike Moore To Step Down As US Ambassador

Yvonne and I are giving notice to MFAT that we will be leaving the Post just before Christmas on the 16th December... I am now the longest serving continuous Ambassador to the US. I didn’t seek this job but felt I should do it because great issues were at stake. The time was ripe for it. More>>


Fox Glacier: Seven Dead In Helicopter Crash

The operation to recover the victims of Saturday’s helicopter crash at Fox Glacier is a technically challenging task calling for specialist skills in an unforgiving environment, says operation commander Inspector John Canning. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news