AGENCY RESOURCE STATEMENT AND RESOURCES FOR OUTCOMES
The changes in financial results from the previous year are discussed in the Chair’s Review. Explanations of variances from the budgeted financial statements for the financial year as set out in the Portfolio Budget Statement/Portfolio Additional Estimate Statement, and their implications are set out in note 12 and 12A to the financial statements.
Agency summary resource table by outcomes
Office of the AASB: Resources for outcomes 2019-20
Budget | Actual Expenses | Variation | |
Outcome 1: | $ | $ | $ |
The formulation and making of external reporting standards that are used by Australian entities to prepare financial reports and enable users of these reports to make informed decisions | |||
Output Group 1.1: | |||
AASB | |||
Departmental expenses | |||
Ordinary annual services | 3,519,000 | 2,984,143 | 534,857 |
Ordinary annual services | 79,000 | 79,000 | 0 |
Revenues from independent sources (section 31) | 1,124,000 | 1,043,138 | 80,862 |
Expenses not requiring appropriation | 173,000 | 335,159 | (162,159) |
Less revenue to be carried forward | 0 | 0 | 0 |
Total for Outcome 1 | 4,895,000 | 4,441,440 | 453,560 |
The changes in financial results from the previous year are discussed in the Chair’s Review. Explanations of variances from the budgeted financial statements for the financial year as set out in the Portfolio Budget Statement/Portfolio Additional Estimate Statement, and their implications are set out in Note 11A: Major Budget Variances for 2020 and Note 11A: Major Budget Variances for 2020 to the financial statements.
Agency summary resource table by outcomes
Office of the AUASB: Resources for outcomes 2019-20
Budget | Actual Expenses | Variation | |
Outcome 1: | $ | $ | $ |
The formulation and making of auditing and assurance standards that are used by auditors of Australian entity financial reports or for other auditing and assurance engagements | |||
Output Group 1.1: | |||
AUASB | |||
Departmental expenses | |||
Ordinary annual services (Appropriation Bill No. 1) | 2,359,000 | 2,144,114 | 253,886 |
Ordinary annual services (Appropriation Bill No. 3) | 38,000 | 38,000 | 0 |
Revenues from independent sources (PGPA Act - section 74) | 0 | 0 | 0 |
Expenses not requiring appropriation | 94,000 | 103,263 | (9,263) |
Less revenue to be carried forward | 0 | 0 | 0 |
Total for Outcome 1 | 2,530,000 | 2,285,377 | 244,623 |
Visit
https://www.transparency.gov.au/annual-reports/office-australian-accounting-standards-board/reporting-year/2019-20-97