Chief Finance Officer (CFO) Stewardship Forum

The CFO Stewardship Forum is a regular meeting of key finance contacts in Commonwealth entities. The Forum is coordinated by the Accounting and Framework Branch and provides updates from key areas within Finance on current issues impacting on Commonwealth entities.

Presentations by external entities are also regularly delivered on topical issues.

CFO Stewardship Forum email list: Used to communicate accounting and financial reporting issues to Commonwealth entities. For additional information or to add representatives from your organisation to the mailing list, email: CFOForum@finance.gov.au

Location: Department of Finance, One Canberra Avenue FORREST 2603, in the Galambany Centre located on Ground Floor of the Finance building from 9:45am -12:00pm.

Invitations are issued for each meeting. As places are limited, please RSVP if you are attending.

2019 CFO Stewardship Forums

  • Friday 1 March 2019
  • Thursday 28 March 2019
  • Wednesday 24 April 2019
  • Thursday 27 June 2019
  • Thursday 25 July 2019
  • Friday 30 August 2019 -  theme Tax
  • Thursday 26 September 2019 - theme - Leases [PDF document 1.53 MB]
  • Thursday 31 October 2019 - tentative theme -  Setting up a New Entity
  • Friday 29 November 2019 - tentative theme -  Internal Audit

July each year. Entities are responsible for ensuring that standards that are issued subsequent to this document, but prior to the signing of the financial statements, are disclosed as appropriate.

Standard Parameters for use in 2018-19 Financial Statements

As per Part 5 of RMG 125 - Commonwealth Entities Financial Statements Guide, the LSL - Table of Probability Factors and the LSL - Table of Discount Factors will be published on Finance's website no later than July on an annual basis.

CFO Stewardship Forum

  • CFO Forum
  • Finance uses the CFO Forum email list to communicate accounting and financial reporting updates to Commonwealth entities. Contact CFOForum@finance.gov.au to add representatives from your entity to the mailing list.

Accounting presentations and position papers

Overview of Commonwealth financial reporting

The overview of Commonwealth financial reporting provides an outline of the Commonwealth financial reporting processes and obligations under the PGPA Act and Charter of Budget Honesty Act. The page covers the following topics:

  • monthly and annual reporting processes
  • consistency and use of accounts
  • inter-entity transactions
  • functional reporting
  • publication standards
  • fiscal balance
  • underlying cash balance.

Note:
1. No CFO Stewardship Forum will be held in January, July and December 2019.
2. Forums in other months may be canceled if there is insufficient subject matter.
3. Forums in 2019 will be theme-based. The theme will be highlighted on the agenda published for each meeting.

Contact for information on this page: Financial Reporting and Accounting Policy Contacts

Last updated: 27 September 2019