Federal Spending Explorer

Program · Outcome 1: Formulating and making accounting standards, sustainability standards, and related reporting requirements that apply to Australian entities subject to a statutory or other obligation to prepare financial reports and other external reports that are integral to understanding the entities’ financial or sustainability-related information

Program 1.1: Office of the Australian Accounting Standards Board

Program objective, as stated by the agency
The key strategies to achieve Outcome 1 are: • Formulating and making principles-based Australian accounting and sustainability standards, and external reporting standards and guidance that meet user needs and enhance external reporting consistency and quality • Contributing to the development of a single set of accounting and external reporting standards for world-wide use

Office of the Australian Accounting Standards Board, 2026-27 Portfolio Budget Statements, PDF page 385 reported

$8.8m 2026-27 Budget estimate

−$839k (−8.7%) on 2025-26 estimated actual

Traced to named suppliers and grant recipients

AusTender and GrantConnect record the agency, not the program, so contracts and grants are shown on the entity page.

Published lines

Each row is one line of the program’s expense table in the 2026-27 Portfolio Budget Statements – Program Expense Line Items, as published.

Line Kind 2025-26
estimated actual
2026-27
Budget estimate
Change Treatment Source
Departmental appropriation departmental $8.0m $7.1m −$922k −11.6% reported Table 2.1.1, row 1315
s74 External Revenue departmental $1.1m $1.1m +$50k +4.8% reported Table 2.1.1, row 1316
Expenses not requiring appropriation in the Budget year departmental $644k $677k +$33k +5.1% reported Table 2.1.1, row 1317