Requirements for related party disclosures in ACT Government controlled entities financial statements.
The following information is the Accounting policy on Related Party Disclosures, guidance and template for Designating Staff Key Management Personnel (KMP).
- Accounting Policy - Related Party Disclosures (1) [Note: this document will be uploaded at a later date]
- Template for Designating Staff as Key Management Personnel [166.7 KB]
- Guidance - Designating Staff as Key Management Personnel [ 456KB] Word version [66.5KB]
Data Collection Form
In order to complete the Data Collection Form please use the following three steps.
The Guidance Booklet assists KMP in completing the Data Collection Form (Step 2).
The material in this booklet provides general guidance about related party disclosure requirements.
- Guidance Booklet – Staff Designated Key Management Personnel [PDF 166.7KB] Word version [108KB]
Directors-General, Chief Executive Officers and other staff occupying positions designated as KMP complete the Form for the relevant period.
KMP are requested to complete the Form with details of related party transactions undertaken with ACT Government controlled entities in which they are designated KMP.
|KMP Data Collection Period||Instructions||Data Collection Form|
KMP are requested to complete the Data Collection Form for each financial year.
For any changes in disclosures KMP are requested to submit an updated Data Collection Form.
The Notification to Close Family Members accompanies the Data Collection Form and informs Close Family Members of KMP the requirement to disclose related party transactions.
- Notification to Close Family Members– Staff Designated Key Management Personnel [ 386KB] Word version [ 69.5KB]
The Draft Disclosure Note – Related Party accompanies the Data Collection Form and assists with understanding how the information collected in the Data Collection Forms might be presented in the Financial Statements of ACT Government controlled entities.
Contact and Advice
If you have any enquires please complete our Contact and Advice Form.
The ACT Government is committed to making its online information accessible and usable to as many people as possible, regardless of ability or technology. Meeting web accessibility guidelines and standards is an ongoing process that we are regularly working to improve. Please contact us if you have any difficulties completing the Data Collection Form.
Model Financial Statements for Directorates and Territory Authorities.
|2017-18 Standards Released but yet to be applied 30 June 2018||PDF 222KB||Word 221.5 KB|
2017-2018 Model Financial Statements for Directorates and Territory Authorities for the reporting period ending 30 June 2018:
Territory Authority Section for the Reporting period ending 30 June 2018:
Model Financial Statements Changes Document Addendum:
Model Financial Statements Supplement: Presenting Restatements of Comparatives from Prior Year Changes:
2016-17 Standards Released but yet to be applied 30 June 2017:
Model Financial Statements for Directorates and Territory Authorities for the Reporting Period Ending 30 June 2017
Territory Authority Section for the Reporting Period Ending 30 June 2017:
2016-17 Addendum Changes Model Financial Statements - 16 May 2017:
2016–17 Model Financial Statements Supplement: Presenting Restatements of Comparatives from Prior Year Changes: