New Australian Accounting Standards requirements?
Relationship between accounting and asset management information?
Australian Infrastructure Financial Management Manual (AIFMM)
The LGA SA provides considerable support to assist SA councils with sound asset management, financial planning
and accounting practices. In its guidance material, training courses, and the Model Financial Statements that
councils are required to follow, extensive reference is made
to the AIFMM as the authoritative source of more detailed
relevant information on a wide range of specific issues. The LGA SA encourages councils to utilise the AIFMM, as it
has assisted both the LGA in our support programs, and SA councils in their financial and asset management
Mayor Dave Burgess, President LGA SA
We have found the advice contained in the AIFMM very relevant for a water authority. It has helped MidCoast Water to
refine its asset accounting treatments and improve its
financial strategies to achieve long-term financial sustainability.
Darryl Hancock, Acting General Manager, MidCoast Water
For more information about this training, please contact us:
T: 1300 416 745