TPG24-23 Accounting for Long Service Leave and Annual Leave

This TPG applies to GSF agencies and does not apply to universities and their controlled entities. It withdraws and supersedes the Treasury Circular TC21-03 with the same title.

Accounting for employee benefits i.e. long service leave and annual leave is outlined in AASB 119 Employee Benefits (AASB 119). This TPG incorporates the assumptions for the measurement and presentation of employee benefit liabilities for long service leave and annual leave that should be used by agencies.