Financial Administration Bookcase

The Model Annual Reports are available both in Word and PDF format.

The Department of Treasury produces Model Annual Reports to guide agencies in preparing their annual reports to enhance their consistency and quality.

It is highly recommended that users of the Model Annual Reports are familiar with the contents and information contained in the Introduction and Foreword which provide important background and context to their application.

The Model Annual Reports consist of:

• Tier 1 (full disclosure requirements) Model Annual Report for annual reporting period ending 30 June
• Tier 2 (reduced disclosure requirements) Model Annual Report for annual reporting period ending 31 December.

Agencies should use this template when the accountable authority has decided to appoint an independent Internal Audit Committee Chair who is not a Public Service officer.

For assistance and further information on accounting policy and Treasury’s related legislation, please complete the template for agency accounting queries.

When filling out the template, agencies are requested to support their questions with the facts and with clear referencing to Accounting Standards, Treasurer’s instructions and other authoritative pronouncements to their queries.  The agency’s CFO must be consulted before submitting the template to Treasury.

The Finance Capability Framework was developed by the Public Sector Commission (PSC) in collaboration with the Department of Treasury. The Chief Financial Officer (CFO) Reform Steering Group also provided valuable input into the development of the Framework.

You will find resources that provide a broad overview and describe the capabilities and competencies required for high level performance in a public sector finance function.

The Finance Capability Framework comprise the following resources:

• Finance capability profile
• CFO success profile and accompanying Guidelines for measuring
• Leadership capability profiles (Level 7 to Class 4)
• Level 1-6 capability profile

Every government agency is involved with day to day processes and decisions that involve the use of public funds, ranging from the procurement of stationery and office equipment to the recruitment of staff. Sound financial management of public finances is a crucial function for any government that aims to achieve the best possible outcomes for the community whilst ensuring that Western Australia stays on a sustainable financial footing into the future.

The driver for the Financial Management Awareness Training is the Special Inquiry into Government Programs and Projects which found that the public sector’s understanding of, and compliance with the Financial Management Act 2006 (FMA) and its associated regulations are generally poor, with an over reliance on technical officers. The Special Inquiry recommended that ‘Treasury needs to develop a training program to enhance understanding of the provisions of the FMA and its associated regulations.’

This training has been developed specifically for the ‘non-financial’ officer in the general government sector. It seeks to increase the sector’s awareness of the financial management framework, and in so doing, improve practice and behaviour. The three modules cover how government budgets, manages and accounts for the collection and spending of taxpayer dollars. Case studies reflect realistic agency scenarios and reinforce key financial management principles highlighted in the modules.

This training is being delivered via face-to-face presentations with the modules and case studies available on the Treasury website as an additional resource. Please note that these will be updated as legislation and policies change.

The Financial Management Awareness Training is a PowerPoint presentation which contains three modules. 

There are also case studies related to each module which contain realistic agency scenarios:

1. Case Study Module 1
2. Case Study Module 2
3. Case Study Module 3

Presentations from the Chief Finance Officers’ Forum.