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Our ref : 00029978 Inquiries : Nausea Fa rook Telephone : 9222 9231 WHOLE-OF-GOVERNMENT FINANCIAL REPORTING ? ANNUAL REPORTING FOR THE YEAR ENDED 30 JUNE 2011 AND QUARTERLY REPORTING REQUIREMENTS

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What is whole-of-government financial reporting?

Whole-of-government financial reporting refers to the process of consolidating financial information and reporting it at a government-wide level rather than on an individual agency or department basis. It provides a comprehensive overview of the financial activities and performance of the entire government.

Who is required to file whole-of-government financial reporting?

Government entities, including agencies, departments, and other organizations within the government, are usually required to file whole-of-government financial reporting. The specific reporting requirements may vary depending on the jurisdiction.

How to fill out whole-of-government financial reporting?

The process of filling out whole-of-government financial reporting involves gathering financial data from various government entities, consolidating the information, and preparing the required reports. This often includes compiling balance sheets, income statements, and cash flow statements, as well as disclosing relevant financial information.

What is the purpose of whole-of-government financial reporting?

The purpose of whole-of-government financial reporting is to provide transparency and accountability in the management of public funds. It allows stakeholders, including policymakers, citizens, and investors, to evaluate the financial performance of the government as a whole and make informed decisions.

What information must be reported on whole-of-government financial reporting?

The information that must be reported on whole-of-government financial reporting typically includes financial statements, budgets, expenditure details, revenue sources, liabilities, assets, and any other relevant financial information. The specific reporting requirements may vary depending on the jurisdiction and applicable regulations.

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