307 APPENDIX 9 Timeline of events Date Organisation Event Attendance

307 appendix 9 timeline of events date organisation

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307 APPENDIX 9: Timeline of events Date Organisation Event Attendance/ involvement of PEs and members of epistemic community Consideration of cognitive substance Consideration of normative substance, value acceptance Consideration of future constraints Other June 1999 Identification of the idea of GAAP/GFS harmonisation PE A (Finance) PE B (Treasury) GAAP and GFS align anyway No evidence No evidence October 1999 SFPALC Report on the format of the portfolio budget statements second report No evidence Not applicable Not applicable Not applicable AASB PSASB Consultative Group on GPFR/GFS harmonisation project being briefed about the project PSASB staff AARF staff ABS staff Not enough evidence Not enough evidence Not enough evidence 31 May 2000 House of Representatives Peter Costello responds to question by Simon Crean regarding the treatment of grants versus loans No evidence Not applicable Not applicable Not applicable Evidence that GFS and GAAP treatments resulted in different treatments in States and Territories (treatment as loan under GAAP) versus Commonwealth (treatment as grant under GFS). October 2000 FRC and AASB Annual Report GAAP/GFS harmonisation listed as project with highest priority for financial year 2000-2001 No evidence No evidence No evidence November 2000 SFPALC Report on the format of the portfolio budget statements third report No evidence Not applicable Not applicable Not applicable Reference that whole of government reporting in the context of international harmonisation and the role of Finance are significant topic, but outside the scope of the report
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308 Date Organisation Event Attendance/ involvement of PEs and members of epistemic community Consideration of cognitive substance Consideration of normative substance, value acceptance Consideration of future constraints Other 14-15 February 2001 AASB Consideration of issues paper on GAAP/GFS harmonisation No evidence Consideration of reconciliation statement between AAS 31 and GFS statements No evidence No evidence Decision of whether project should be included in work program and, if so, with which priority dependent on presentation by ABS and HoTARAC representatives in June 2001 meeting 29 May 2001 30 May 2001 SFPALC Consideration of Budget Estimates PE A(Finance) PE D (Finance) Stephen Bartos (General Manager Budget Group; CW Treasury) Dr P. J Boxall (Secretary Finance) Ian McPhee (Deputy Auditor- General) Politicians ask about differences in treatments of items between GAAP and GFS, in particular net advances and proceeds from sales, to totalling approximately $1.1 billion, but also more general differences (origins) (SFPALC 2002) No No 22 June 2001 JCPAA PE A PE B PE D S. A. Bartos (Finance) Rob Edwards (ABS) Peter Harper (First Assistant Statistician, Economic Accounts Division, Australian Bureau of Statistics, ABS) Ian McPhee (Deputy Auditor General) Professor Harris High level discussion, emphasis on: There are some differences, but not too many and they should be avoided. GAAP/GFS harmonisation as the policy solution to this problem Conceptual argument: Principles of both
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  • Government, The Land, International Financial Reporting Standards, Financial Accounting Standards Board, Australian Accounting Standards Board, Snow

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