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Glossary

AAS

Australian Accounting Standards

IBNER

Incurred but not enough reported

AASB

Australian Accounting Standards Board

Investment funds

Administered investment funds managed by the Future Fund Board of Guardians

AMT

Adjusted Market Transactions

JPS

Judges’ Pensions Scheme

ANI

Australian Naval Infrastructure Pty Ltd

LTCRs

2017 Long Term Cost Reports

ASC

ASC Pty Ltd

MOP(S) Act

Members of Parliament (Staff) Act 1984

ATSILSFF

Aboriginal and Torres Strait Islander Land and Sea Future Fund

MRFF

Medical Research Future Fund

AUD

Australian dollar

MRFFICs

Medical Research Future Fund Investment Companies

BAF

Building Australia Fund

NCEs

Non-corporate Commonwealth entities

CEB

Consumed Economic Benefits

NCOS

Net Cost of Services

CECs

Commonwealth entities and companies

NET

Net Assets

CRF

Consolidated Revenue Fund

OCI

Other comprehensive income

CPCSA

Coordinated Procurement Contracting Special Account

OPA

Official Public Account

CPI

Consumer Price Index

PBR Act

Parliamentary Business Resources Act 2017

CSC

Commonwealth Superannuation Corporation

PBS

Portfolio Budget Statements

CSS

Commonwealth Superannuation Scheme

PGPA Act

Public Governance, Performance and Accountability Act 2013

DCAF

DisabilityCare Australia Fund

PM&C

Department of the Prime Minister and Cabinet

EIF

Education Investment Fund

PCSS

Parliamentary Contributory Superannuation Scheme

FCCJDDS

Federal Circuit Court Judges Death and Disability Scheme

PSS

Public Sector Superannuation Scheme

FFMA

Future Fund Management Agency

PSSap

Public Sector Superannuation accumulation plan

FRR

PGPA (Financial Reporting) Rule 2015

RBA

Reserve Bank of Australia

FVOCI

Fair Value through Other Comprehensive Income

RCN

Replacement Cost of New Assets

FVPL

Fair value through profit or loss

SDO

Service Delivery Office

GBP

British pound

SDOSA

Service Delivery Office Special Account

G-GPS

Governor-General Pension Scheme

The Board

Future Fund Board of Guardians

GST

Goods and Services Tax

USD

United States dollar

IBNR

Incurred but not reported

WACC

Weighted average cost of capital