Local government funding and finance – Accounting and financial management issues
1 May 2019
This report addresses technical issues concerning public sector accounting and financial management that emerged in earlier stages of the New Zealand Productivity Commission’s review of local government funding and finance.
The specific issues to be covered in this report relate to the financial disclosure regime, local government accounting and financial management, and the adequacy of accounting standards for local government. In the wider context of the Productivity Commission’s review of local government funding and finance, the accounting and financial disclosure regime forms part of the wider set of institutions that comprise the governance of local government. To a limited extent this report will examine the relationship between accounting and financial disclosure issues and the design of the wider governance system for local government.