Financial and Performance Management Standard 2009 (FPMS) (Definition)

Administered by Queensland Treasury, this standard provides detailed governance policy to be observed by all public sector agencies in regards to: The purpose of this standard is to provide a framework for an accountable officer of a department, or a statutory body, to develop and implement systems, practices and controls for the efficient, effective and economic financial and performance management of the department or statutory body. An accountable officer or statutory body is not limited by this standard but must adopt a proactive approach in monitoring the appropriateness of the systems, operations and overall financial position and performance of the department or statutory body.

Last Reviewed: 22 January 2018