Financial Reporting and Accounting Policy
This website contains links to the relevant accounting policy and financial reporting requirements for Australian Government Entities and central government reporting. It includes Finance Minister's Orders (FMOs) and related Policies and Guidance for Financial Reports such as FinanceBriefs.
Accounting Policy
Accounting Reporting Policy
- 2008-2009 Finance Minister's Orders (including Summary of Changes)
- 2008-2009 PRIMA Forms of Financial Statements (Annexure A to the Finance Minister's Orders)
- 'PRIMA Forms' detail the required disclosures for the financial reports of Australian Government Entities
- 2008-2009 PRIMA Illustrative Financial Statements
- 'PRIMA Illustrative' is a set of illustrative financial statements to assist Commonwealth Entities in the preparation of their financial statements.
- 2008-2009 PRIMA Template
- 'PRIMA Template' is a blank set of financial statements that entities can use in preparation of their financial statements. Use of the template is not mandatory
- FMO and PRIMA User Guides
- The user guides provide instructions for navigating and using the FMOs and PRIMA
- Exposure Drafts of 2009-10 Finance Minister's Orders and PRIMA Forms
Accounting Policy Guidance
- FinanceBriefs
- Accounting Guidance Notes
- New accounting standards for 2008-09 financial statements [
86 KB]
- This document will assist entities in disclosing the impact on their financial statements of new accounting standards for 2008-09 and future years, as required by AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors. It will be issued in July each year. Agencies are responsible for ensuring that standards that are issued subsequent to this document, but prior to the signing of the financial statements, are disclosed as appropriate.
- Standard Parameters for use in Financial Statements
CFO Forum
- CFO Forum
- CFO Forum email list
The CFO Forum email list is used to communicate accounting and financial reporting issues to Commonwealth Government entities. To add representatives from your organisation to the mailing list, email: CFOForum@finance.gov.au
Financial Reporting
- Annual and monthly reporting processes
- Inter-agency transactions
- Functional Allocation
- Consistency and use of accounts
- Publication Standards
- AIMS
- Fiscal Balance
- Underlying Cash Balance
Contact for information on this page: Financial Reporting and Accounting Policy Contacts