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• Preparation of Financial Statements by Public Sector Entities

Financial statements are an important means of demonstrating how the public sector, both at individual entity and whole-of-government levels, meets its financial management responsibilities.

Effective financial management is critical to public sector entities being able to meet their policy and service delivery responsibilities. An important aspect of financial management and stewardship, and the primary mechanism by which entities meet their financial accountability obligations, is the preparation and publication of annual audited financial statements in entities’ annual reports.

The better practice guide can be downloaded at the the bottom of this page.

Supplement to this Better Practice Guide

Templates and Checklists Toolkit (Click here to download)

The ANAO has supplied these files for people to use and modify to suit their individual circumstances.

Download Preparation of Financial Statements by Public Sector Entities