Rest Assured - August 2002

The auditor's lot at this time of the year is "heads down" and working to finalise audit opinions. While some local authorities are nearing completion, much of our focus is on Council LATEs. However as a result of our Local Government Seminar Series and Councils "balancing their books" a range of issues are becoming apparent. Often they are relevant to most authorities. This newletter focuses on a number of these particularly accounting for landfills, the definition of affiliated entities and valuation of assets. We also note two other matters coming across our desk - members' interests and consultation. Many COuncils will be meeting with their audit director over the next couple of months. We would urge Councils to explore and discuss these on-going matters with their auditors.

auditnz-lg-2002-08.pdf — PDF document, 394Kb