Finance Minister's Orders for Financial Reporting (incorporating policy and guidance) - for reporting periods ending on or after 1 July 2013
The Financial Management and Accountability Act 1997 (FMA Act) and the Commonwealth Authorities and Companies Act 1997 (CAC Act) were repealed on 30 June 2014 and replaced by the Public Governance, Performance and Accountability Act 2013 (PGPA Act) from 1 July 2014. Some provisions of the FMA and CAC Acts, however, will remain in force during the transition period; for example performance reporting requirements for the 2013-14 financial year.
If you are looking for information on the PGPA Act, supported by rules and guidance, go to the Resource Management section of the Department of Finance website.
The FMOs are produced each year and have the force of law under the Financial Management and Accountability Act 1997 (FMA Act) and the Commonwealth Authorities and Companies Act 1997 (CAC Act). The FMOs outline the requirements for the preparation of Financial Reports of Australian Government Entities. One of the main purposes of the FMOs and supporting Policies and Guidance is to ensure consistency of accounting policy choices across Government Entities where Australian Accounting Standards allow choices. Consistency is important to ensure comparability of Financial Reports across Entities and to facilitate the consolidation of individual Entity Financial Reports when preparing the Australian Government's Consolidated Financial Statements. The FMOs aim to enhance the usefulness of information presented in Financial Reports to Government and major external users.
Note: Some functions of the FMOs are not available and may cause errors if opened from the browser. It is recommended that the FMOs are downloaded using the Save function after clicking on the link.
Some links in the PDF formats may not be functional.
For 2013-14, all references to Australian Accounting Standards and Interpretations are taken to be the AASB’s "not-for-profit" version, where applicable
- Finance Minister's Orders for Financial Reporting (incorporating amendments) [ 594 KB]
- Finance Minister's Orders for Financial Reporting (incorporating amendments) [ 366 KB]
Summary of Changes to the Finance Minister's Orders
- Available via GovShare 
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