Resources

The Financial Accountability Handbook (the Handbook) has been designed to assist accountable officers and statutory bodies discharge their obligations under the Financial Accountability Act 2009 (the Act), the Financial and Performance Management Standard 2019 (the Standard), and the Financial Accountability Regulation 2019 (the Regulation).

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.

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 Cross-Agency Funding Framework (the Framework) is to outline the options available to Government and departments to fund cross-agency initiatives. Specifically, the Framework provides alternative models for how funding can be distributed to agencies, i.e. how best to get funding from the centralised Consolidated Fund out to departments (who then distribute funds to other entities where required). The models can be applied whether an initiative is funded from internal sources, from a reprioritisation of existing funding, or by new funding. Several agencies already utilise the Framework’s models, albeit on an informal basis.

The Framework provides for three broad types of funding models:

• Lead agency funding
• Multi-agency funding (simple), and
• Multi-agency funding (complex).

The funding approach adopted will depend upon the complexity surrounding the initiative, particularly the number of agencies involved.

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:

• 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:

1. Information for Statutory Bodies: Solvency
2. Information for Statutory Bodies – Overview of applicable legislation, policies and guidance documents
3. Establishment of Statutory Bodies – Considerations and contacts
4. Statutory Bodies Financial Arrangements Act 1982 Operational Guidelines
5. Investment Policy Guidelines for Statutory Bodies