Financial Questionnaire

The Financial Questionnaire (FQ) is an annual collection of income, expenditure, assets and liabilities from all non-government schools.

Non-government schools in receipt of recurrent funding are required to enter data into the 2017 (2016 data) FQ by extracting the relevant information from the school's 2016 audited financial statements.

The 2017 (2016 data) FQ must be completed on or before 30 June 2017.

Download the FQ instructions:

Instructions for the FQ

Common Errors in the Financial Questionnaire

Common Errors in the Financial Questionnaire

Changes for this year

This year all Approved Authorities are required to attach a full set of audited financial statements prior to declaring the FQ data.

Approved Authorities registered with the Australian Charities and Not-for-profits Commission (ACNC) will have the opportunity to preview a summary of information that will be populated on the ACNC register.

For more information please refer to the FQ Instructions.

Chart of Accounts

Both the Accrual and Cash Chart of Accounts are designed to allow non-government schools to track their income, expenditure, assets and liabilities in a manner that will simplify their FQ reporting.

The Chart of Accounts can be used as a guide for the development of non-government schools' accounting and financial reporting systems.

Schools may use the Chart of Accounts in a number of ways:

  • adopt it in its entirety;

  • use it for direction for recording transactions in the school's own chart of accounts;

  • seek advice from your accounting software provider about using it in conjunction with their platform.

Preliminary My School Finance Report

To assist schools to understand how their FQ data will be used to produce My School finance reports, the Department of Education and Training has developed a tool that assists this. This tool allows schools to input the FQ data in order to preview a preliminary My School finance report based on their 2017 (2016 data) FQ return.

Please Note: This preliminary report is provided as a guide only and will not include possible allocations of costs incurred by third parties, required under the My School finance data collection methodology.

 

Download a sample copy of the FQ templates:

Sample Day School

Sample Boarding School

Sample Systemic Day School

Sample Systemic Boarding School

Sample Catholic Diocese Day School

Sample Catholic Diocese Boarding School

Download a copy of the Chart of Accounts:

Accrual Chart of Accounts

Cash Chart of Accounts

Download the My School finance report tool:

My School finance report tool

 

For further assistance, please call 1800 677 027 (select Option 2) or

email: schoolssassurance@education.gov.au

 

Last modified on Thursday 30 March 2017 [17|8916]