PwC has significant expertise in all aspects of management reporting ranging from external statutory requirements through to internal performance and sustainability reporting. This expertise extends to both the processes that sit behind the actual reporting requirement and the associated non financial elements.
This includes the ability to review Long Term Council Community Plans (LTCCP), with the consideration of meaningful performance measures to demonstrate tangible progress on Council outcomes. Advice can be provided on the supporting mechanisms to provide data and quality assurance of these results.
Internal reporting can be reviewed and reconfigured to provide meaningful and effective reporting to management of both financial and key non financial outputs.
PwC is also the recognised sector specialist in the implementation of the International Financial Reporting Standards (IFRS) and has worked with both councils and the Office of the Auditor General on the recent changes to the standards.
Our track record of delivering value:
- Local Government sector IFRS implementation and training including:
- Metropolitan councils and their subsidiaries including port, airport, forestry and infrastructure
- Regional and district councils and their subsidiaries
- Office of Auditor General and Audit New Zealand
- Wellington City Council including identification of opportunities to improve quality and relevance for management reporting
- Hutt City, community outcomes framework advice including non financial measurement and outcome development
- Triple bottom line including climate change to energy sector clients
Through the firm’s understanding of all these aspects of reporting it has the ability to assist councils develop more effective, efficient and integrated reporting frameworks.