Pgpa act

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Pgpa act

The Public Governance, Performance and Accountability Act is a key piece of legislation that establishes a framework of governance, performance, and accountability for Australian government and Commonwealth organizations. Although the PGPA Act itself is not directed toward effective cybersecurity practices, many of its key areas, such as risk management and resource management, are highly relevant to cybersecurity. This article focuses on the cybersecurity implications of the PGPA Act, how it affects businesses and public sector entities, and how government and Commonwealth entities can meet their compliance standards. The PGPA Act is an Australian legislation created by the Australian Department of Finance in that establishes the framework for governance, performance, and accountability of Commonwealth entities and companies. Although the core objective is to ensure financial resources are properly managed, the broader scope is to ensure the Commonwealth public sector adheres to best practices of governance, performance, and accountability to promote trust in the Australian government. While the PGPA Act is broad in scope, its principles indirectly impact cybersecurity by implementing risk management and accountability practices, which include safeguarding digital assets and information systems. Section 17 also mentions internal controls, which are closely related to risk management, as it outlines the duties of accountable authorities to establish and maintain internal control systems. These systems include measures that address both financial and non-financial risks, which are part of an overall comprehensive cyber risk management strategy. The PGPA Act applies to all Commonwealth companies and entities, including parliamentary departments, departments of state, listed entities, and other government-owned corporations. The types of government bodies are as defined:.

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The PGPA Act sets out requirements regarding aspects of our corporate governance, reporting and accountability. At Export Finance Australia, we also have a specific authority for investing funds as outlined in the Public Governance, Performance and Accountability Investment Authorisation Our organisation About us. Our purpose and principles. Our team. Our Annual Report.

The Commonwealth Resource Management Framework governs how officials in the Commonwealth public sector use and manage public resources. The framework is an important feature of an accountable and transparent public sector and informs the Australian people of the daily work of Commonwealth entities and their employees. In relation to the role of evaluation, the PGPA Act establishes a clear cycle of resource management that includes:. By placing explicit obligations on officials for the quality and reliability of performance information, the PGPA Act is designed to provide insights into whether publicly funded programs and activities are achieving their objectives and outcomes. For more information, visit the Department of Finance's Learning and support. This includes:. Evaluation methods and tools can also be used to improve the quality of performance reporting in corporate plans, related portfolio budget statements and annual performance statements, particularly where:. Continually measuring and assessing what works, using robust analytical approaches, will help to build capability across the Commonwealth to evaluate how programs and activities are going, and to embed evaluation into everyday practice. Australian Government Charging Framework Charging Framework is the government policy that provides principles and requirements for undertaking government charging.

Pgpa act

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Our procurement, purchasing and contracting arrangements. Members must comply with their statutory obligations as directors of the Bank, including those set out in the PGPA Act. The Australian government is mandating compliance with the Essential Eight framework. Our customer service charter. You are here: Home Search: pgpa act. Section 17 also mentions internal controls, which are closely related to risk management, as it outlines the duties of accountable authorities to establish and maintain internal control systems. Abi Tyas Tunggal January 22, Our financial control framework. This article focuses on the cybersecurity implications of the PGPA Act, how it affects businesses and public sector entities, and how government and Commonwealth entities can meet their compliance standards. Transaction disclosure. Members obligations under the PGPA Act include, but are not limited to, obligations to exercise their powers and discharge their duties with care and UpGuard Vendor Risk Control third-party vendor risk and improve your cyber security posture.