Treasury has released the latest update (No. 87) of the Financial Administration Bookcase.
The FAB has been updated to give effect to amendments to:
- The Model Annual Report (Tier 2 agency) for the reporting period ended 31 December 2020;
- Treasurer’s instruction 202 Collection Agents;
- Treasurer’s instruction 302 Supplementation of Appropriations;
- Treasurer’s instruction 310 Payments and Returned Payments;
- Treasurer’s instruction 320 Refunds of Revenue;
- Treasurer’s instruction 322 Debit Cards;
- Treasurer’s instruction 323 Timely Payment of Accounts;
- Treasurer’s instruction 406 Custody of Public Property;
- Treasurer’s instruction 410 Records of Assets;
- Treasurer’s instruction 411 Motor Vehicles;
- Treasurer’s instruction 807 Write-offs;
- Treasurer’s instruction 825 Risk Management and Security;
- Treasurer’s instruction 951 Related and Affiliated Bodies;
- Treasurer’s instruction 954 Revaluation of Non-current Physical Assets;
- Treasurer’s instruction 1101 Application of Australian Accounting Standards and Other Pronouncements;
- Treasurer’s instruction 1102 Statements of Comprehensive Income;
- Treasurer’s instruction 1103 Statements of Financial Position;
- Treasurer’s instruction 1201 Internal Audit;
- Opportunity Cost of Capital;
and deletion of:
- Treasurer’s instruction 104C Annual Reporting 2019-20 Exemption;
- Treasurer’s instruction 204 Cashing of Cheques, Change;
- Treasurer’s instruction 213 Receipt of Money by Credit/Debit Card;
- Treasurer’s instruction 214 Personal Cash and Cheques; and
- Treasurer’s instruction 307 Treasurer’s Advance.
A summary of the changes is provided in the section ‘NEW IN THIS RELEASE – UPDATE NO. 87'.