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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
Can the International Public Sector Accounting Standard IPSAS 41 Financial Instruments help us in Australia?
Each year, the Queensland Audit Office (QAO) measures the timeliness and quality of public sector financial statements.We report on the results of these measures to parliament.
Anzac Day is one of Australia’s most important national commemorative occasions.25 April marks the anniversary of the first major military action fought by Australian and New Zealand forces during the First World War.
Long-term contracts need to be well managed, so agencies can realise the expected benefits.
A key element of effective audit committees is the existence of a strong and robust relationship with external audit.This relationship should be built on open, regular, and frank communication between the committee and the auditors.
Do you have internal controls in place to protect your entity or council against fraudulent email attempts?
Are you a public sector entity or local government about to participate in a performance audit? We’re here to help.
Our audits tell us that many executives lack access to the right information when making decisions.
Do you have a peppercorn lease? Peppercorn leases are leases with nominal rent. This might be $1 or even as low as a peppercorn.
Regulatory compliance is an entity's adherence to laws, regulations, policies, and guidelines relevant to its business processes.