Financial and Performance Management Standard 2019

section 3

administering department, for an abolished statutory body, means—

annual report requirements document means the document called ‘Annual report requirements for Queensland Government agencies’ prepared by the Department of the Premier and Cabinet.

Note—

A copy of the document is available on the Department of the Premier and Cabinet’s website.

approved security provider, for part 2, division 6, see section 31.

audit committee means an audit committee established under section 30.

audit committee guidelines document means the document called ‘Audit committee guidelines: improving accountability and performance’ published by the treasury department.

Note—

A copy of the document is available on the treasury department’s website.

authorised auditor, for a department or statutory body, means the authorised auditor under the Auditor-General Act 2009 who is to audit the department or statutory body under that Act.

commercialisation document means the document called ‘Commercialisation of government business activities in Queensland, policy framework’ tabled by the Treasurer in the Legislative Assembly.

Note—

A copy of the document is available on the treasury department’s website.

commercialise, an operation of a department, means to—

contractor, for part 2, division 6, see section 31.

contract performance guarantee, for part 2, division 6, see section 31.

final financial statements, for an abolished department or an abolished statutory body, see section 62(2) of the Act.

final report, for an abolished department or abolished statutory body, see section 63(3) of the Act.

financial accountability handbook means the document called ‘Financial accountability handbook’ published by the treasury department.

Note—

A copy of the document is available on the treasury department’s website.

financial information management system, for a department or statutory body, means the system established for the department or statutory body under section 11(1)(g).

financial management practice manual, of a department or statutory body, means the financial management practice manual prepared under section 12 for use in the financial management of the department or statutory body.

financial reporting requirements document means the document called ‘Financial reporting requirements for Queensland Government agencies’ published by the treasury department.

Note—

A copy of the document is available on the treasury department’s website.

first annual financial statements—

formation day means—

former accountable officer, of an abolished department, means—

former appropriate Minister, for an abolished department or an abolished statutory body, means—

former chief finance officer, for an abolished department, means—

former responsible person, for an abolished statutory body, means—

guarantee provider, for part 2, division 6, see section 31.

head of internal audit, for a statutory body, means the person who has similar responsibilities for the statutory body as the head of internal audit has for a department.

insurance company, for part 2, division 6, see section 31.

internal audit function, of a department or statutory body, means the internal audit function established for the department or statutory body under section 24.

internal control structure, of a department or statutory body, see section 7(1).

material loss, in relation to property of a department or statutory body, means—

monetary security deposit, for part 2, division 6, see section 31.

newly formed, in relation to a department or statutory body, means formed or established during the current financial year for the department or statutory body.

nominated officer, for a provision of this standard, means an appropriately qualified employee of the treasury department nominated in writing by the Treasurer to exercise a power or perform a function under the provision.

operational plan, of a department or statutory body, means the operational plan developed for the department or statutory body under section 8(1)(b).

performance management system, for a department or statutory body, see section 10(1).

prescribed accounting standards see section 59(6) of the Act.

QGEA means the collection of digital and ICT strategies, policies and associated publications known as the Queensland Government Enterprise Architecture.

Note—

The QGEA is available on the Queensland Government Chief Information Office website.

resource management system, for a department or statutory body, see section 11(1).

resources, of a department or statutory body, means its—

risk management committee means a risk management committee established under section 23(3).

risk management system, for a department or statutory body, means the system established for the department or statutory body under section 11(1)(h).

strategic plan, of a department or statutory body, means the strategic plan developed for the department or statutory body under section 8(1)(a).

system means a set of associated policies, procedures, controls and information that combine to record and manage particular financial tasks and transactions of a department or statutory body.

Treasurer’s approval, for a derivative transaction, means an approval given by the Treasurer under section 85 of the Act for the department to enter into the transaction.

treasury department means the department in which the Act is administered.