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.
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.
This self assessment checklist for identifying, accounting and reporting impacts from natural disasters seeks to guide agencies accounting and reporting process to reflect better practice.
Long Service Leave Central Scheme Guidelines provide details on scheme membership, LSL levy and claim processes and member agencies reporting responsibilities.
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).
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.
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:
No changes to the current policy framework have been made in the release of this Handbook. Notwithstanding, the Handbook supersedes the following documents:
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 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.