The FAB has been updated to give effect to amendments to:
- The Model Annual Report (Tier 1 agency) for the reporting period ended 30 June 2020;
- The Model Annual Report (Tier 2 agency) for the reporting period ended 30 June 2020;
- Treasurer’s instruction 1201 Internal Audit;
and also include newly issued:
- Accounting Policy Guideline APG 5 Revenue and Income.
A summary of the changes is provided in the section ‘NEW IN THIS RELEASE – UPDATE NO. 86’.