PGPA Newsletter 87

• The updated FRR is available on the Federal Register of Legislation: https://www.legislation.gov.au/Series/F2015L00131 

• an updated list of Tier 1 entities following the June Machinery of Government (MoG) changes
• clarification on how to access the Long Service Leave shorthand method
• early adoption of two accounting pronouncements (AASB 2021-2 and 2021-6), relating to disclosure of material, rather than significant, accounting policies, and clarification of what is considered an accounting estimate change versus a change in accounting policy.

The 30 September 2022 Australian Government Organisation Register (AGOR) Quarterly Report is available on the Finance website – this includes the AGOR Dashboard, Spreadsheet of bodies and the Register of movements list.

AGOR provides information on the function, composition, origins and other details of Australian Government entities and bodies and is updated on a quarterly basis. The online searchable version of AGOR is located on Directory.gov.au. The Directory is your guide to the structures, organisations and key people in the Australian Government. The Spreadsheet of bodies is also available for download from data.gov.au.

Please visit the AGOR webpage on the Finance website for more information and if you have any questions related to AGOR, please contact us at OAR@finance.gov.au.

• Physical risks resulting from climate change.
• Transition risks and opportunities associated with policy, regulatory and technological change brought on by efforts to mitigate climate change and move towards a net zero emissions economy.

A common and important tool to manage climate-related risks is disclosure of those risks.

• Foundation level: all Commonwealth officials, regardless of level or role who are required to understand basic risk management concepts and how risk is managed in the Commonwealth.
• Generalist level: Commonwealth officials, regardless of level, whose role requires them to engage with and apply their entity's risk management framework to successfully deliver outcomes. Generalists engage with risk at the activity level and have attained Foundation level capability.
• Specialist level: job role specialists who are required to design, implement and embed an entity's risk management framework. Specialists facilitate generalists and executives to fulfil their risk management responsibilities.
• SES Professional Development Program: Senior Executive Service officials whose role requires them to communicate the acceptable levels of risk that are appropriate to their entity's profile, allocate resources and model the adoption of risk management policies, strategies and best practice in their entity.

To enrol in the workshops and access more Comcover education opportunities please visit the Comcover Learning Centre at https://learningcentre.comcover.gov.au or call 1800 651 540 and select Option 2.