TPP15-04 Financial Reporting Code for NSW General Government Sector Entities
The Financial Reporting Code (the Code) sets out the financial reporting framework for New South Wales General Government Sector (NSW GGS) entities. It outlines the form and content of financial statements, including the accompanying note disclosures.
Issued: 17 December 2015 by Treasury
This AR is archived and has been replaced by the following document(s)
Key information
- Status
- Archived
- Type
- NSW Treasury Policy and Guidelines Paper
- Identifier
- TPP15-04
- Compliance
- Mandatory
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- Separate agencies
- State Owned Corporations
- Subsidiaries of the NSW Government established under the Corporations Act
About
The Financial Reporting Code (the Code) sets out the financial reporting framework for New South Wales General Government Sector (NSW GGS) entities. It outlines the form and content of financial statements, including the accompanying note disclosures.
The Financial Reporting Code (the Code) applies to all New South Wales General Government Sector entities.
The Financial Reporting Code (the Code) applies to all New South Wales General Government Sector (GGS) entities. This version of the Code is applicable for financial years ending on or after 30 June 2016.
The Code is issued to all GGS entities under delegation from the Treasurer in accordance with the Public Finance and Audit Act 1983. It incorporates the requirements of Australian Accounting Standards applicable to GGS entities.
This year, the Code has been updated for miscellaneous amendments to the Accounting Standards and other revised Treasury Circulars and Treasury Policy Papers.
The application of the Code to GGS entities accurately reflects the current focus of financial reporting in New South Wales. The Code sets out the financial reporting framework for NSW GGS entities outlining the form and content of financial statements, including the accompanying note disclosures.