Disaggregation of revenue from contracts with customers

Accounting Policy

The CDPP’s prosecution services are provided to partner agencies under Memoranda of Understanding (MOU). MOUs contain the specific performance obligation to provide a stand ready prosecution service over specified financial years. Revenue is recognised over-time in line with agreed annual funding set out in each MOU.

Receivables for goods and services, which have 30 day terms, are recognised at the nominal amounts due less any impairment allowance. Collectability of debts is reviewed at the end of the reporting period. Allowances are made when collectability of the debt is no longer probable.

1. 2019 commitments for sublease rentals have been restated to correct lease expiry date at one location.

As at 30th June 2020, the CDPP had sublease arrangements at 3 locations with Australian Government entities (2019: 3 locations). Rent for two of these locations of $143,997 relates to the sublease of CDPP right-of-use assets.

The above lease disclosures should be read in conjunction with the accompanying notes 4B, 4C, 7A and 10A.

Accounting Policy

Resources Received Free of Charge

Resources received free of charge are recognised as revenue when, and only when, a fair value can be reliably determined and the services would have been purchased if they had not been donated. Use of those resources is recognised as an expense. Resources received free of charge are recorded as either revenue or gains depending on their nature.

Accounting Policy

Revenue from Government

Amounts appropriated for departmental appropriations for the year (adjusted for any formal additions and reductions) are recognised as Revenue from Government when the CDPP gains control of the appropriation. Appropriations receivable are recognised at their nominal amounts.