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Home > Knowledge centre (financial and economic policy) > Financial

All financial resources

Annual leave central scheme guidelines

Annual Leave Central Scheme Guidelines provide all member agencies with an overview of the operations of the Annual Leave Central Scheme, including the establishment and ongoing operations of the scheme.

Asset management framework

Documents to assist agencies in asset strategic planning including guidelines, a template, and whole-of-Government approaches for consistent asset identification and establishing asset information.

Audit and Reporting Requirements for Government Owned Corporation Controlled Entities and Investments

Policy for GOC Controlled Entities and Investments. Sets out mandatory arrangements for GOCs. Allows the Auditor-General to audit all GOC controlled entities, contributing to improved scrutiny of GOC interests not controlled by the public sector.

Australian Accounting Standards Board Urgent Issues Group Abstracts website

The Urgent Issues Group (UIG) is a committee of the AASB. The role of the UIG is to provide timely guidance on urgent financial reporting issues.

Australian Taxation Office website

Includes a range of taxation information for individuals, businesses, non-profit organisations, tax professionals and superannuation professionals.

Best Practice Guidelines for the Sale of Material Public Sector assets, 1999, Queensland Audit Office

Public sector agencies must ensure that the sale process is conducted in accordance with prescribed requirements and with the highest level of propriety and probity to ensure that any benefits accruing to the State are maximised. Through a methodical and well considered process, the public sector entity can ensure that the confidence of the public is safeguarded and that the sale process is successful. These Guidelines are designed to assist public sector entities in achieving these objectives.

Better Purchasing Guides (Department of Public Works)

The Better Purchasing Guides support the State Purchasing Policy by providing information about current best practice procurement in the Queensland Government.

Corporations Act 2001 No. 50 (Commonwealth)

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

Criminal Code Act 1899

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

Disposing of Scrap and Low-Value Assets Prevention Guidelines - Crime and Misconduct Commission

For public sector agencies - an overview of disposal risks and what can be done to minimise them.

Financial Administration and Audit Act 1977

An Act to provide for the financial administration and audit of the State's public finances, of departments and statutory bodies, for the audit of associated bodies and for other matters. Administered by Treasury except for parts 5 and 6, which are administered by the Premier.

Financial circulars

Financial Circulars produced by Treasury for departments and agencies for the current financial year 2007-08.

Financial circulars 2005-06

Financial Circulars produced by Treasury for departments and agencies for the previous financial year.

Financial circulars 2006-07

Financial Circulars produced by Treasury for departments and agencies for 2006-07 financial year.

Financial management framework

The Queensland Government's financial management framework forms the basis for decisions on planning, resource allocation and management, monitoring and reporting within the Queensland public sector.

Financial Management Standard 1997

The purpose of this standard is to provide for (a) the policies and principles to be observed in financial management, including planning, performance management, internal control and corporate management (b) the content of financial statements and annual reports (c) the matters to be included in manuals. The purpose is achieved by stating the functions of each accountable officer and statutory body about matters for which this standard may be made.

Financial Reporting Requirements for Queensland Government agencies (including Accounting Policy Guidelines)

These annual financial statement requirements contain the Treasurer's Minimum Reporting Requirements and assist agencies in the preparation of their AAS 29 financial reports. The requirements provide updates on new and revised accounting policies and standards and additional guidance. and advice on the interpretation of such policies and standards.

Fuel Subsidy Scheme (Office of State Revenue)

Provides information about the Queensland Fuel Subsidy Scheme designed to ensure that Queenslanders enjoy the benefit of a per litre subsidy for eligible fuel purchases. The subsidy is paid directly to fuel retailers - including your local petrol stations - who pass it on to motorists by reducing the price of fuel by the amount of the subsidy.

General Guidelines for Personal Expenses and Use of Credit Cards (Office of the Public Service Commissioner)

Guidelines to identify principles and provide clarification of issues and examples of reasonable practices regarding personal expenditure and the use of official credit cards. Departments and agencies must supplement these guidelines with more detailed operational requirements in their Financial Management Practice Manual.

Government Banking

This site provides information about the banking, corporate purchasing card and revenue collection services that are available for use by Government departments.

Government Energy Management Strategy (GEMS)

The Government Energy Management Strategy supports the Government's priority of Valuing the Environment through the implementation of energy management practices within Government agencies. It encourages agencies to adopt improved practices, which contribute to efficiencies in energy use, reduce greenhouse emissions and generate financial savings for the Government. Agencies are required to report annually of progress, as part of asset strategic planning process.

Government Information Technology Conditions (GITC) website

The Government Information Technology Conditions (GITC) framework aims to provide consistency, clarity and certainty in Information Communication Technology purchasing and contractual arrangements.

Government Land Policies

The Government Land Policies contains whole-of-government policies and guidelines which must be complied with by all State agencies which deal with Government property. The Department of Natural Resources and Mines is responsible for the policies, which may be accessed by the link above or through the Government Asset Management System (GAMS).

Government Owned Corporations Act 1993

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

GST revenue distribution factsheets

These factsheets clearly explain the current Commonwealth Grants Commission process for distributing goods and services tax (GST) revenue to the states, and debunk some common myths surrounding this practice.

GST Rulings on State Taxation

Outlining GST related revenue rulings including application of GST to certain State taxes, fees and charges, duties and pay-roll tax.

Guidance regarding Australian Equivalents to International Financial Reporting Standards (IFRS)

To provide guidance to Queensland Government agencies with the implementation of Australian Equivalents to IFRS.

Guidelines for Grant Administration

Best practice guidelines to provide assistance to program managers in the design and implementation of grant schemes. These guidelines form part of the Queensland Government's Financial Management Strategy.

Guidelines for the Conduct of Audits of Performance Management Systems (Revised) (Queensland Audit Office)

This publication is intended to provide QAO staff and management of public sector entities with a greater understanding of performance management systems in terms of s.80 of the Financial Administration and Audit Act 1977.

Guidelines for the use of Corporate Credit Cards under GST

This booklet provides guidance on the use of corporate credit cards and the use of corporate card statements for the claiming of input tax credits.

Institute of Chartered Accountants in Australia website

Includes member services, technical resources and industry updates.

Insurance Act 1973 (Commonwealth)

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

Legislation - Queensland Acts

Displays Queensland Government legislation - Bills, Acts and Standards.

Libraries Act 1988

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

Local Government Tax Equivalents Manual

Outlines policy, framework and approval process in relation to State Government asset leasing arrangements.

Long service leave central scheme guidelines

Long Service Leave Central Scheme Guidelines provide details on scheme membership, LSL levy and claim processes and member agencies reporting responsibilities.

Mid Year Fiscal and Economic Review

This annual document provides a mid-year update on the fiscal and economic outlook for the State based on assessments prepared by Treasury. This includes updated forecasts for major economic parameters, revised estimates of State Government borrowings and consolidated sectoral financial statements on Government Finance Statistics basis.

Motor Accident Insurance Act 1994

Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice. To discuss potential changes or amendments to this Act please contact +61 7 3227 8088.

Negotiating Specific Purpose Payments - A Guide for Queensland Government Agencies

Queensland Treasury has prepared guidelines for Queensland Government Agencies to use when negotiating Specific Purpose Payment (SPP) agreements with the Commonwealth Government. The guidelines incorporate best practice principles and form part of the administrative arrangements for managing SPP negotiations within the Queensland Government.

Non-Current Asset Policies for the Queensland Public Sector

The Non-Current Asset Policies for the Queensland Public Sector are mandatory for departments and statutory bodies and apply from 1 July 2005.

Pay-roll Tax Information - Office of State Revenue

Pay-roll tax is a State tax based on the annual pay-roll of employers. The legislation under which pay-roll tax operates is the Pay-roll Tax Act 1971.

Preparation and Submission of Comparisons Between Budget and Actual Financial Results

The Preparation and Submission of Comparisons Between Budget and Actual Financial Results policy has been adopted in response to the release of the Australian Accounting Standards Board's AASB 1049 Financial Reporting of General Government Sectors by Governments, which requires the General Government Sector financial report include disclosure of the original budget and explanations for major variances from audited actual amounts.

Priorities in Progress reports

Reports the progress being made towards the achievement of the Government's key policy priorities during the financial year. It is an important accountability and consultation mechanism providing an insight into the outcomes achieved by the Government under its five key policy priorities, using a range of social, environmental and economic indicators.

Productivity Commission website

The Productivity Commission is the Australian Government's principal review and advisory body on microeconomic policy and regulation. The Commission conducts public inquiries and research into a broad range of economic and social issues affecting the welfare of Australians including competition policy, productivity, the environment, economic infrastructure, labour markets, trade and assistance, structural adjustment and microeconomic reform.

Public Private Partnerships

Information on the Public Private Partnerships Policy and the Value for Money Framework.

Public Sector Ethics Act 1994

An Act about public sector ethics and conduct. Interpretation and application of this Act will vary between departments. Please contact your legal services area for advice.

Queensland Audit Office Guideline - Accounting for Queensland Treasury Corporation (QTC) Onlending Products and Debt Restructure (Queensland Audit Office)

This guideline is intended to assist entities by (a) Defining the measurement and accounting processes that are associated with each QTC lending product and (b) Setting the criteria for determining whether debt has been restructured. In accordance with AAG 11 Debtors - Accounting for Debt Restructuring and AAS 23/AASB 1014 - Set-off and Extinguishment of Debt the difference between book value and market value is taken to the profit and loss/operating statement when debt has been restructured. This guideline only applies to debt sourced from QTC and the current QTC products.

Queensland State Accounts (Office of Economic and Statistical Research)

The Queensland State Accounts are the official quarterly accounts of the Queensland economy, as produced by Queensland Treasury. They provide an official measure of the performance of the various components of the Queensland economy and comparisons with the performance of the rest of Australia.

Report on State Finances

The Report incorporates both the Outcomes Report and the Consolidated Financial Statements providing a comprehensive view of the financial operations and position of the Queensland Government.

Report on State Finances 2005-06

The Report incorporates both the Outcomes Report and the Consolidated Financial Statements providing a comprehensive view of the financial operations and position of the Queensland Government.

Report on State Finances 2006-07

The Report incorporates both the Outcomes Report and the Consolidated Financial Statements providing a comprehensive view of the financial operations and position of the Queensland Government.

Special Fiscal and Economic Statement - Presentation to the Business Stakeholders

This presentation by the Under Treasurer outlines the documents and legislation relevant to the Special Fiscal and Economic Statement of 25 October 2005 and the associated economic outlook.

State Budget

The annual State Budget details the priorities for spending of public monies in the coming year.

State Procurement Policy (Department of Public Works)

Queensland Government policy for officers responsible for purchasing.

Statutory Bodies Financial Arrangements Act 1982

An Act to provide for the constitution of the Queensland Government Development Authority, to provide for guarantees by the Treasurer of statutory bodies financial arrangements, to confer on statutory bodies power to enter into and perform financial arrangements, and to confer on statutory bodies authority to invest moneys and for related purposes.

Statutory Bodies Financial Arrangements Act 1982 - Operational Guidelines

The object of the Statutory Bodies Financial Arrangements Act 1982 (SBFA Act) is to provide for the efficient and effective management of the powers of statutory bodies to enter into financial arrangements. The guidelines provide a general outline of the impact of the SBFA Act on the operations of statutory bodies.

Statutory Instruments Act 1992

An Act relating to statutory instruments and for other purposes related to legislation.

Treasurer's guidelines for the use of the Queensland Government Corporate Purchasing card

The purpose of these Guidelines is to outline the policies and generic procedures that should be adopted by agencies for the implementation and maintenance of the Queensland Government Corporate Purchasing Card (QGCPC). Each agency is required to develop its own detailed procedures and these should be specified in its Financial Management Practice Manual and in agency-specificinstructions issued to cardholders.

Treasurer's Tax Equivalents Manual

The Treasurer's Tax Equivalent Manual provides a guideline for certain commercialised and corporatised activities of the State Government on the imposition of a tax equivalents regime to their activities.

Treasury Submission to the Public Accounts Committee Inquiry into Government Financial Reporting

This submission was prepared for the Public Accounts Committee for the purpose of its inquiry into government financial reporting. The committee pursuant to section 49 of the Parliament of Queensland Act 2001 authorised its publication on Treasury's website.

Last reviewed 27 June 2008