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Glossary

AAS

Australian Accounting Standards

IBNR

Incurred But Not Reported

AASB

Australian Accounting Standards Board

IBNER

Incurred But Not Enough Reported

AMT

Adjusted Market Transactions

ICON

Intra-government Communications Network

ANI

Australian Naval Infrastructure Pty Ltd

Investment funds

Administered Investment Funds managed by the Future Fund Board of Guardians

ASC

ASC Pty Ltd

JPS

Judges’ Pensions Scheme

ATSILSFF

Aboriginal and Torres Strait Islander Land and Sea Future Fund

KMP

Key Management Personnel

AUD

Australian Dollar

LTCRs

2017 Long Term Cost Reports

BAF

Building Australia Fund

MOP(S) Act

Members of Parliament (Staff) Act 1984

CEB

Consumed Economic Benefits

MRFF

Medical Research Future Fund

CECs

Commonwealth Entities and Companies

MRFFICs

Medical Research Future Fund Investment Companies

CRF

Consolidated Revenue Fund

NCCEs

Non-Corporate Commonwealth Entities

CPCSA

Coordinated Procurement Contracting Special Account

NCOS

Net Cost of Services

CPI

Consumer Price Index

NET

Net Assets

CSC

Commonwealth Superannuation Corporation

OCI

Other Comprehensive Income

CSS

Commonwealth Superannuation Scheme

OPA

Official Public Account

DCAF

DisabilityCare Australia Fund

PBR Act

Parliamentary Business Resources Act 2017

DHA

Defence Housing Australia

PBS

Portfolio Budget Statements

EIF

Education Investment Fund

PGPA Act

Public Governance, Performance and Accountability Act 2013

ERF

Emergency Response Fund

PCSS

Parliamentary Contributory Superannuation Scheme

FCCJDDS

Federal Circuit Court Judges Death and Disability Scheme

PSS

Public Sector Superannuation Scheme

FDF

Future Drought Fund

PSSap

Public Sector Superannuation Accumulation Plan

FFMA

Future Fund Management Agency

RBA

Reserve Bank of Australia

FRR

PGPA (Financial Reporting) Rule 2015

RCN

Replacement Cost of New Assets

FVOCI

Fair Value through Other Comprehensive Income

SDO

Service Delivery Office

FVPL

Fair Value through Profit or Loss

SDOSA

Service Delivery Office Special Account

GBE

Government Business Enterprise

The Board

Future Fund Board of Guardians

GBP

British Pound

USD

United States Dollar

G-GPS

Governor-General Pension Scheme

WACC

Weighted Average Cost of Capital

GST

Goods and Services Tax