The Resource Management Framework (RMF) and the Financial Reporting Operations Framework (FROF) are the two frameworks that underpin budgeting and financial management in the State of Victoria.
Departments are required to apply these frameworks under the Standing Directions 2018 under the Financial Management Act 1994 (Directions). This includes the compliance requirements set out in the Directions, including public attestation of compliance in annual reports from 2017-18.
DTF will continue to review the content of these frameworks as policies evolve and change. Departments will be notified when this occurs.