Documents Library

TC17-07 Accounting for Superannuation

This Circular outlines the accounting treatment for superannuation for NSW public sector entities including Statutory State Owned Corporations for financial years ending on or after 30 June 2017.

TC17-06 Agency guidelines for the 2016-17 Mandatory Annual Returns to Treasury

This Circular outlines details and dates for the mandatory annual returns to NSW Treasury.

This circular applies to all NSW public sector agencies including State Owned Corporations that are required to submit TOES returns.
 

Weekly Market Wrap

Weekly economic and financial market information.

General Government Financial Statements - 30 April 2017

This monthly statement is released in compliance with Section 8 of the Public Finance and Audit Act 1983.
That section requires budget time projections and year-to-date balances for the major general government sector
aggregates disclosed in the Budget to be published for each month.

Weekly Economic Calendar

This Calendar shows future release dates of key economic data and publications used by NSW Treasury for monitoring and analysis.

TC17-05 Industrial Relations - Notional Salary 2017-18

New calculations for notional salary apply in relation to Public Service senior executives and roles from 1 July 2017. 

This Circular applies to Departments, Executive Agencies related to Departments, and Separate Agencies. It withdraws and supersedes the previous circular TC16-04.
 

Guide for Audit and Risk Committees: Compliance Management

This guide is designed to assist Audit and Risk Committees (ARCs) with their duty to review the effectiveness of an agency’s system for monitoring compliance with applicable laws, regulations, and associated government policies.
 

Guide for Audit and Risk Committees: Understanding Financial Statements

This guide is an introduction to understanding financial statements for non-financial experts.  It is designed to assist Audit and Risk Committees (ARCs) with their duty to review the agency’s financial statements.
 

Rebuilding NSW - Delivering on our $20 billion infrastructure program

The proceeds from the electricity network transactions will fund projects including public transport and roads, education, health, culture and sport and water security. More than $11.9 billion of the $20 billion program has already been committed with work underway on headline infrastructure projects such as the Sydney Metro rail line and the M4 Smart Motorway.

Whether it means a smoother, quicker journey on a train or more time with family thanks to a rapid bus system, every citizen will reap the rewards of this once-in-a-generation asset recycling strategy. The proceeds will also enable improvements to communities, whether it be fixing a nasty black spot on a regional road or replacing an old, wooden bridge with a safer, modern concrete structure.

TPP17-06 Certifying the effectiveness of internal controls over financial information

Under the Public Finance and Audit Act 1983 departments and statutory bodies must prepare financial reports in accordance with Australian Accounting Standards that exhibit a true and fair view of the financial position and financial performance of the department or statutory body. Further, AASB 101, Presentation of Financial Statements, requires entities to prepare financial statements “in a manner that provides relevant, reliable, comparable and understandable information.”

This Policy and Guidelines Paper establishes a set of Core Requirements to ensure that agencies have clear accountabilities for the effectiveness of internal controls over financial information.