EXTERNAL auditor Pricewaterhouse Coopers has praised North Lanarkshire Council for its financial management.
The auditors submitted an unqualified audit opinion on the council’s financial statements for year ending March 31, 2011, as part of its annual report for the financial year 2010-11.
Presented to elected members and the Controller of Audit, the report states that the council’s accounts give a true and fair view of its financial position, and highlights that the accounts and supporting information provided by the council were of a high standard.
No significant weaknesses were identified in the council’s financial management, corporate governance and performance management arrangements.
Overall, the report recognises the council’s success in establishing and continuing to operate sound financial management and internal control and corporate governance arrangements.
Councillor Thomas Morgan, convener of the audit and governance panel, said: “I am delighted that PriceWaterhouse Coopers have recognised the council’s extremely effective financial management and governance.
“We are facing significant financial challenges and so it is absolutely vital we ensure we do everything we can to manage those challenges effectively.
“This report endorses the work done by staff across the council and elected members to reassure the people of North Lanarkshire that the council takes these issues extremely seriously.”
The council’s audited annual accounts are available for public inspection.