The hot topic for this financial year appears to be the implications of the IFRS Interpretations Committee’s (IFRIC’s) agenda decision Configuration or Customisation Costs in a Cloud Computing Arrangement (April 2021)¹.

Queensland Treasury’s Financial Reporting Requirements for Queensland Government Agencies (FRRs) for 2020–21 are available on Treasury’s website:

The standard AASB 16 Leases is now in its second year of operation for public sector entities. In this article, we cover a brief update on some specific accounting issues that you may not have dealt with on transition.

As cyber attacks continue, cyber risk has become one of the top enterprise-wide risks facing entities. Entities need to remain vigilant and governance committees need to ensure they understand the impact of cyber risk on business strategy.

Auditing the right area at the right time is the key to achieving better public services for Queenslanders.

Most Queensland Government and local government entities revalue their land, buildings and infrastructure every year. These assets can be highly specialised, geographically dispersed and made of various components.

The day-to-day operations of public sector entities are getting busier all the time and changes to everyday activities can be seen as disruptive.

There has been an increase in entities across Australia facing payroll and remuneration compliance issues. Some have resulted in material underpayments to staff.

In our recent report on Awarding of sport grants (Report 6: 2020–21) we emphasised the importance of clearly defining the different roles

The Public Sector Ethics Act 1994 sets out ethical principles that local governments, statutory bodies, public universities and departmental employees and their contractors must follow. They include: