The Division (FABD) is responsible for advising the Government and agencies on the development of the Territory’s budget, advising on financial issues relating to agencies and the Territory, and accounting policies and financial frameworks. FABD comprises four branches: Accounting; Budget Management and Analysis; Budget Coordination and Reporting; and Project and Budget Management.
The Division is also responsible for:
The improvement of the Territory's financial management framework and the provision of accounting expertise and strategic financial advice;
Undertaking significant amendments to the Financial Management Act 1996; and
The provision of financial training to agencies; and the issuing of sources of relevant financial instructions for the whole of government.