Financial Accountability Act 2009

to achieve reasonable value for money by ensuring the operations of the department or statutory body are carried out efficiently, effectively and economically;

to establish and maintain appropriate systems of internal control and risk management;

to establish and keep funds and accounts in compliance with the prescribed requirements;

to ensure annual financial statements are prepared, certified and tabled in Parliament in accordance with the prescribed requirements;

to undertake planning and budgeting for the accountable officer’s department or the statutory body that is appropriate to the size of the department or statutory body;

to perform other functions conferred on the accountable officers or statutory bodies under this or another Act or a financial and performance management standard.