Description
The mandatory Early Close for Agencies will be conducted as at 31 March 2019. This Circular applies to all NSW public sector agencies, including State Owned Corporations, and withdraws and supersedes the previous NSW Treasury Circular Mandatory Early Close procedures for 2017-18 (TC17-12).
Detailed Outline
In summary these ‘Early Close Procedures’ require the preparation of a set of pro-forma financial statements and the preparation of non-financial asset valuations and associated disclosures. The Circular mandates all procedures are conducted as at 31 March 2019. The purpose of this procedures is to ensure the integrity of the year to date position and highlight issues to be resolved before the end of financial year.
Refer to TC19-02 attached for full details.
Overview
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- State Owned Corporations
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations Act
Compliance
- Mandatory
AR Details
- Date Issued
- Jan 9, 2019
- Review Date
- Jan 9, 2024
- Replaces
- Replaced By
-
Contacts
- Contact
- Phone
- Publishing Entity
- The Treasury
- Issuing Entity
- The Treasury