Financial Management and Accountability Orders (Financial Statements for reporting periods ending on or after 1 July 2010)
Sch 1is substantively similar to Schedule 1 to the Commonwealth Authorities and Companies Orders (Financial Statements for reporting periods ending on or after 1 July 2010) to achieve uniformity in financial reporting across the Australian Government public sector. There are, however, certain terms, requirements and references in Schedule 1 that apply to Commonwealth Authorities and not to Agencies, and vice‑versa.
Start here
Get a plain-English read of Sch 1
Turn the raw legal text into a practical explanation grounded in Financial Management and Accountability Orders (Financial Statements for reporting periods ending on or after 1 July 2010).
Schedule 1 is substantively similar to Schedule 1 to the Commonwealth Authorities and Companies Orders (Financial Statements for reporting periods ending on or after 1 July 2010) to achieve uniformity in financial reporting across the Australian Government public sector. There are, however, certain terms, requirements and references in Schedule 1 that apply to Commonwealth Authorities and not to Agencies, and vice‑versa.