Documents Library

TPG25-03 Financial reporting code for NSW General Government Sector agencies

The Financial Reporting Code for NSW General Government Sector Entities (the Code) sets out the financial reporting framework for all New South Wales General Government Sector (NSW GGS) entities. The Code provides a model financial reporting framework which promotes consistency across the NSW GGS. The Consolidated Financial Statements of New South Wales report on the General Government Sector (GGS) entities and the Total State Sector. Similarly, the NSW Budget Papers focus on the GGS.

TPG25-02 Mandates of options and major policy decisions under Australian Accounting Standards

Australian Accounting Standards provide certain accounting policy options. This TPG updates the mandates of accounting policy options and major policy decisions for recent amendments to Australian Accounting Standards and Treasury requirements.

TPG25-01: Agency Direction for the 2024-25 Mandatory Early Close

This NSW Treasury Policy and Guidelines (TPG) defines the minimum requirements for the 2024-25 Early Close.

The objectives of this TPG are as follows:

1. to identify the principles, practices, arrangements and procedures to be applied or followed by Agencies and their Chief Financial Officers to enable Consolidated government sector reporting to be prepared in accordance with Division 7.4 of the GSF Act;
2. to enhance the efficiency of the financial reporting process and promote early identification and resolution of accounting issues; and
3. to facilitate timely completion and improve the quality of government sector reporting.

This TPG outlines procedures to achieve the above objectives and facilitate early dialogue with Treasury and the Audit Office on significant accounting issues. These procedures form good practice that should in any case be carried out at appropriate points in the financial year. Agencies may wish to perform additional procedures as part of a strategy to improve the quality and timeliness of financial reporting.

Certain Agencies are participating in the 2024-25 Hard Close pilot with the effect that some procedures and due dates differ compared to the regular Early Close process.

TPG24-31 Benefits Management Guide

Benefits management works best when applied early to help define a problem and identify options that align with initiative objectives. In line with the development of a business case, it supports refinement and comparison of options, and establishment of a monitoring and evaluation approach. Following investment decision, it tracks performance and is used to inform evaluation.

TPG24-01 Management of NSW Government Payments

This Treasury Policy and Guidelines sets out GSF agency requirements for the State to achieve payment reform outcomes for:

1. receiving payments from citizens and businesses,
2. making payments to citizens, businesses, and suppliers and,
3. additional supplier payments.

TPG24-34 Carbon emissions in the Investment Framework

This document sets out the NSW Government Investment Framework requirements on carbon emissions. It also presents the carbon values that NSW Government agencies must use when valuing carbon emission impacts in cost-benefit analysis (CBA).
This set of carbon values is a non-market ‘shadow price.’ It is designed for internal use in government decision-making and will not impact the price of goods and services in the broader economy.

TPG24-30 Fast track business case and investment assurance for government capital commitments

This policy establishes a process to fast track capital projects with a government commitment. It provides partial or full exemptions to the requirements of TPG24-29 NSW Government Business Case Guidelines (the business case guidelines) and the Infrastructure Investor Assurance Framework (IIAF) in limited circumstances.

TPG24-29 NSW Government Business Case Guidelines

These guidelines bring together best practice, expert advice, insights from other jurisdictions and a practical approach to guide business case development. They establish when a business case is mandatory and what it should contain, scaled according to proposal cost and risk.

TPG24-15 Treasury Banking System Interest Payments

The purpose of this policy is to establish principles for the payment of interest to exempt agency banking accounts operating within the TBS. The principles aim to achieve consistent application across the NSW Government sector and ensure sustainability of the Treasury Banking System.

TPG24-26 First Nations Impact Assessment Policy