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HACKNEY LBC CHOOSES PRICEWATERHOUSECOOPERS AS INTERNAL AUDITOR

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The London Borough of Hackney today announced that it had chosen PricewaterhouseCoopers to provide it with internal...
The London Borough of Hackney today announced that it had chosen PricewaterhouseCoopers to provide it with internal audit services under a four and a half year contract starting October 1st.

Both Hackney and PricewaterhouseCoopers view this future partnership as a significant building block in the efforts to improve Hackney's services and its corporate reputation.

PricewaterhouseCoopers will provide an internal audit service that contributes to Hackney achieving the financial control and stability that are the pre-requisites of its publicly stated goal of recreating itself as a first-class service provider.

Hackney's new managing director, Max Caller commented:

'We look forward to working with PricewaterhouseCoopers. The firm has demonstrated an innovative approach to internal audit that will help Hackney to change for the better rather than simply repeating the problems of the past.'

Michael Dallas, head of the public services practice at PricewaterhouseCoopers, said:

'We are delighted to be working with Hackney at the beginning of its ambitious and exciting process to recreate itself. This assignment is tremendously important to us because it demonstrates our strong commitment to the rejuvenation of local government in London.'

Note

PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organisation, with more than 150,000 professionals working in 150 countries. The organisation helps clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world.

PricewaterhouseCoopers refers to the member firms of the world-wide PricewaterhouseCoopers organisation.

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