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Our update on Queensland Treasury’s reporting requirements for 2025
In this blog, we summarise Queensland Treasury’s major changes in its 2024–25 Financial Reporting Requirements for Queensland Government Agencies (FRRs) and its Non-Current Asset Policies for the Queensland Public Sector (NCAPs) for this year.
Recent posts
The Office of the Chief Advisor–Procurement has published new guidelines for disclosing government-awarded contracts. And for using and disclosing confidentiality provisions.
In an increasingly digitised world, the next natural step is for agencies to implement electronic approval processes (e-signing).
When agencies use data analytics to inform fraud assessments, they can target their approach and increase their value‑for‑money proposition.
Technological advances now enable departments to use a range of services that combine into wider technology ecosystems.
Audit committees are typically assigned a broad range of responsibilities under their charters.
The Australian Accounting Standards Board (AASB) is reviewing financial reporting requirements for the public sector.1, 2
The Queensland Government is developing a new waste management and resource recovery strategy. The changes being made include the introduction of a waste levy, commencing 1 July 2019.
Simplifying financial reporting is an ongoing process of change.Each year financial reporting teams, audit committees, and auditors should work together to identify new areas for improvement and focus.
Via our performance audit program, we examine the efficiency, effectiveness, economy, and legislative compliance of important aspects of public service delivery.Our performance audit topics are wide-ranging.
We sometimes assess how effective entities are in monitoring and managing major projects and programs. For example, we may look at how effective an entity is in monitoring progress and managing situations when things don’t go to plan.