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Glossary

A list of technical terms and acronyms used in publications of the Department of Treasury and Finance

AASB – Australian Accounting Standards Board

ABS – Australian Bureau of Statistics

Annual leave, entitlement – the number of leave days that has accumulated and is available to be taken

Annual leave, accrued – the number of leave days that has accumulated at a given time but has not yet been taken

Annual leave, liability – the sum of the annual leave entitlement and accrual balances; this is the number of days for which the agency has an obligation to provide

AEIFRS – Australian Equivalents to International Financial Reporting Standards

AGSM – Australian Graduate School of Management

APESMA – Association of Professional Engineers, Scientists, and Managers Australia

BBPS – Bell Bay Power Station

BMFRS – Budget Management and Financial Reporting System

BSI – Bass Strait Islands

CEDA – Committee for Economic Development of Australia

CGC – Commonwealth Grants Commission

CIP-EM – Capital Investment Program-Essential Maintenance

CMG – Corporate Management Group

COAG – Council of Australian Governments

CPA – Certified Practising Accountant

CSL – Community Support Levy

CSO – Community Service Obligation

DECAC – Demographic Change Advisory Council

DHHS – Department of Health and Human Services

DPIW – Department of Primary Industries and Water

EAP – Employee Assistance Program

ED – Exposure Draft

EDMS – Electronic Document Management System

FAA – Fund Administration Agent

FOI – Freedom of Information

FTE – Full-time Equivalent

GAAP–GFS – Generally Accepted Accounting Principles-Government Finance Statistics

GBE – Government Business Enterprise

GFAB – Government Finance and Accounting Branch

GGS – General Government Sector – plus meaning

GLIS – Gaming and Liquor Information System

GPOC – Government Prices Oversight Commission

GSP – Gross State Product

GST – Goods and Services Tax

HECS – Higher Education Contribution Scheme. Now known as HECS-HELP, it is one of three deferred payment arrangements available to eligible students, that is offered through the Higher Education Loan Programme (HELP).

HIAPL – Hobart International Airport Pty Ltd

HoT – Heads of Treasuries

HoTARAC – Heads of Treasuries Accounting and Reporting Advisory Committee

IGFP – Intergovernment and Financial Policy Branch

IT – Information Technology

IPWEA – Institute of Public Works Engineering Australia

MAIB – Motor Accidents Insurance Board

MBA – Master of Business Administration

Moody's – Moody's Investors Service

NCP – National Competition Policy

NEM – National Electricity Market

NRA – National Reform Agenda

OHS&W – Occupational Health, Safety and Welfare

OTTER – Office of the Tasmanian Energy Regulator

Department of Treasury and Finance     Annual Report 2007–08
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