What does PGPA mean in GOVERNMENTAL

PGPA stands for Public Governance Performance and Accountability and is a framework designed to provide greater public accountability for the use of Australian Government funds. It sets out the obligations, standards, systems and controls which enable government agencies to effectively and efficiently manage their resources.

The core principles of the PGPA are transparency, responsibility and accountability. These principles means that agencies must be able to demonstrate the effective use of public funds in order to improve public services and outcomes, as well as managing them responsibly. This includes reporting regularly on financial activities and performance, establishing effective processes for planning, budgeting and expenditure management, having proper governance arrangements in place and ensuring appropriate systems of internal controls are operating effectively.

All Commonwealth entities – including departments, statutory authorities and Office of the Commonwealth – are responsible for managing their own finances in accordance with the PGPA Act 2013. In addition to this, each agency must also appoint an accountable authority who is responsible for ensuring that financial management within their agency conforms to the Act’s requirements.

The core principles of the PGPA include stewardship; propriety; efficiency; effectiveness; openness; accuracy; reasonable use; fairness; promptness; proportionality; consistency; predictability; accountability and compliance with laws and regulations.

The requirements set out under the Public Governance Performance Accountability Act (PGPAA) apply across a wide range of areas including governance arrangements such as strategic planning, financial management practices (including budgeting), management controls over human resource activities, investments oversight, people management processes as well as risk management strategies.

A control framework outlines certain checks or procedures that should be put in place by government agencies when undertaking activities related to their operations. It serves to reduce any potential risks by providing oversight into how decisions are made so that it can be ensured that they remain compliant with relevant legislation or regulations set out by the government or other external bodies. The control framework allows for both individuals within an organisation as well as external stakeholders to hold those decision makers accountable should any misconduct occur during operation activities or transactions.

Firstly it would be wise to understand what type of risk you may have within your organisation’s operations so that you can identify areas where additional controls could potentially be implemented. This could include either introducing more detailed procedures into existing policies or designing new ones altogether depending on how complex your organisational structures may be. Additionally one must ensure any new frameworks introduced meet relevant legislation such as anti-money laundering regulations or environmental guidelines.

A comprehensive control framework should firstly identify all areas where potential risks may arise along with what types of measures will need to be taken in order prevent those risks from materialising. It should also specify who is accountable for different aspects within these measures as well provide details on how often they must be assessed/reviewed in order maintain its effectiveness over time.

Compliance with PGPAA is tracked through various methods including regular internal audits conducted by each agency’s appointed accountant officers (AO). Furthermore external reviews conducted by senior Departmental staff members can also take place at random times throughout an agency’s selected term period which assesses its overall performance against specified criteria outlined within PGPAA.