Resources
Featured Resources (4)
Financial Reporting Requirements for Queensland Government Agencies
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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.
Principles for fees and charges
The Principles for Fees and Charges Policy provides agencies with broad guidelines on the setting of fees and charges. It includes discussion of general overarching principles, guidance and requirements for introducing new fees and charges and reviewing existing fees and charges, and Government’s indexation policy (incl. the fee unit model).
Company Financial Reporting in the Queensland Public Sector
The purpose of the Company Financial Reporting policy is to outline the annual financial reporting requirements for Public Sector companies established under the Corporations Act 2001.
This policy has been revised in June 2021 and is effective for reporting periods beginning on or after 1 July 2020.
Non-Current Asset Policies for the Queensland Public Sector
The Non-Current Asset Policies for the Queensland Public Sector (NCAP) on this web page are mandatory for departments and statutory bodies (for reporting periods beginning on or after 1 July 2019). It is expected that agencies will adopt processes for their circumstances and operational characteristics.
Financial Reporting Requirements for Queensland Government Agencies
These annual financial statement requirements include the Minimum Reporting Requirements and assist agencies in the preparation of their financial statements. The requirements provide updates on new and revised accounting policies and standards and additional guidance and advice on the application of such policies and standards.
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.
The Statutory Body Handbook (Handbook) has been designed to be a practical guide for the establishment and management of Statutory Bodies. The Handbook is a compilation of all the relevant Queensland Treasury guidelines applicable to statutory bodies and covers topics such as:
- Definition of a Statutory Body
- Formation of Statutory Bodies
- Management of Statutory Bodies
- Compliance Checklists
- Board Reporting
- Statutory Bodies Financial Arrangements Act 1982 Operational Guidelines
- Investment Guidelines
- Solvency
No changes to the current policy framework have been made in the release of this Handbook. Notwithstanding, the Handbook supersedes the following documents:
- Information for Statutory Bodies: Solvency
- Information for Statutory Bodies – Overview of applicable legislation, policies and guidance documents
- Establishment of Statutory Bodies – Considerations and contacts
- Statutory Bodies Financial Arrangements Act 1982 Operational Guidelines
- Investment Policy Guidelines for Statutory Bodies
Statutory Bodies Financial Arrangements Act and Regulation
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.
Audit Committee Guidelines: Improving Accountability and Performance
The Audit Committee Guidelines: Improving Accountability and Performance have been prepared to assist agencies with the establishment and maintenance of audit committees. The guidelines were updated in July 2020 and a summary of significant changes has been provided, highlighting the major amendments from the previous guidelines.
A Guide to Risk Management has been prepared as an information reference and contains the minimum principles and procedures of a basic risk management process.
The guide is not mandatory; however, application of the guide will encourage better practice.
The guide supports the requirements of the Financial Accountability Act 2009 and the Financial and Performance Management Standard 2019 and is consistent with the principles set out in AS/NZS ISO 31000:2018 Risk management – Principles and Guidelines.