RMGs are guidance documents. The purpose of an RMG is to support PGPA Act entities and companies in meeting the requirements of the PGPA framework. As guides, RMGs explain the legislation and policy requirements in plain English. RMGs support accountable authorities and officials to apply the intent of the framework. It is an official’s responsibility to ensure that Finance guidance is monitored regularly for updates, including changes in policy/requirements.
Audience
This guide applies to the directors, chief financial officers, chief operating officers, program managers and officers responsible for contributing to the delivery of the annual report within Commonwealth companies.
This guide applies to annual reports being prepared for reporting periods that begin on or after 1 July 2023.
Key points
This guide:
- provides detail on what an annual report is
- outlines mandatory content for annual reports
- sets out how to prepare and publish an annual report
- provides guidance on satisfying the mandatory digital publication requirements including standard data templates that companies are required to complete when producing and publishing the annual report using the Digital Annual Reporting Tool (the Tool).
Role of the Corporations Act 2001
Companies are subject to a number of reporting requirements under the Corporations Act 2001. The PGPA Act acknowledges these requirements, in particular, the need for companies to produce a financial report, directors’ report and auditor’s report. Together, these reports constitute the annual report.
Resources
Related resources including tables and data templates, glossary terms and relevant sections of the PGPA Act and Rule are located in the right hand menu.
List of requirements - Commonwealth companies
- This list of requirements template, set out in Schedule 2B of the PGPA Rule, is required to be included in companies’ annual reports and can be found under Tools and templates.
- The list of requirements can be used as a checklist to ensure that the mandatory PGPA requirements have been met.
Digital Reporting Tool data templates
- Contains all the data templates that are required to be completed for the Tool and is available under Tools and templates.
- Where a provision has an associated data template, a cross-reference to that template is provided above the provision.
- The financial data templates only capture a subset of the required information from the financial statements.
- The non-financial data templates help to meet minimum reporting requirements for either part or all of the provisions that they relate to.
Key information to assist you in meeting your annual report requirements
Have you joined the Digital Annual Reports GovTEAMS community?
The Digital Annual Reports Team hosts a community which provides useful information and training material on how annual report coordinators can use the Tool to produce and publish an annual report.
To join the community email the Digital Annual Reporting Team.
