notes to the financial statements audited consolidated 2002 03 government of queensland 5 10 1 significant accounting policies following summary presents that have been adopted in preparing and presenting this a standards these general purpose prepared accordance with relevant australian principally standard aas 31 reporting by governments other authoritative pronouncements new or revised became operative during year where applicable aasb 1012 foreign currency translation 1028 employee benefits 1044 provisions contingent liabilities assets b entity 24 reports includes values all material equities revenues expenses controlled only those agencies considered virtue size their transactions resources managed are for purposes report context generally entities net greater than million operating results more
