The Department of Treasury and Finance provides various guidance materials to assist Victorian public sector entities meeting their accounting and financial reporting obligations.
The main guidance materials include:
The Valuer-General building indices and Valuer-General land indices are accessible only to departments, entities and agencies internal to the VPS network.
The 2008 Long Service Leave Model is available for use only by Victorian public sector departments and agencies that are consolidated into the State's financial statements (this excludes local councils, universities and other public sector entities).
Financial reports are prepared in accordance with Australian Accounting Standards and Interpretations (AASs) as issued by the Australian Accounting Standards Board (AASB).
AASB 119 Employee Benefits has been revised to apply to both annual leave and long service leave.
The Model Report for Victorian Government Departments is provided to assist Victorian government departments and other public sector entities with the planning and preparation of disclosures in their annual reports.