City Treasury

Local body finance is highly specialised and requires particular training and experience which can best be obtained with such a body as the Wellington City Council.

Modern equipment is a feature of accounting work for the City, allowing elbow-room for modern methods: business machines, punch card equipment, are both employed on a considerable scale. Management accounting is important and provides one of the ways in which reports are made accurately and expeditiously to controlling committees: punch card costing ensures speed and accuracy: accounting for manufacturing and for sales and service require particular aids and techniques. More generally, there are the problems of large-scale financing, the Annual Departmental Estimates and the complications of public body Loan Finance.