104ADisclosure - General

104A Disclosure - General

104.1           Entities must make the disclosures in tabular form in the notes to the financial statements required for all appropriations identified in   section 101.3, applying to departmental and administered items, pursuant to Tables A to G in subdivision 104B.

104.2           Where the ‘responsible Entity’ for the appropriation provides drawing rights to another Entity (the agent) to act on its behalf to expend the appropriation, the agent Entity will disclose the information required by Table G in section 104.26.

104.3           For Special Appropriations, a table must be prepared by Entities for each Act authorising the appropriation in accordance with subdivision 104B or alternatively an Entity can present each Special Appropriation as an additional column to the table.

104.4           For Special Appropriations, where an appropriation has not been drawn on in the current and the previous year, in place of completing the tables in subdivision 104B, an Entity may elect to make an abbreviated disclosure that includes all of the following:

(a)        whether the Special Appropriation is administered or departmental;

(b)       the legislative provision that provides the authority for the Special Appropriation;

(c)        the outcomes it is associated with;

(d)       the fact that the Special Appropriation was not drawn on in the current or previous year; and

(e)        for limited Special Appropriations, the balance available.

104.5           The ‘responsible Entity’ is to include the relevant details of its Special Appropriations in the following elements of its financial statements:

(a)        For administered Special Appropriations:

(i)            administered expenses as part of the schedule of administered items;

(ii)         administered assets and liabilities as part of the schedule of administered items;

(iii)       administered cash flows as part of the schedule of administered items;

(iv)        administered reconciliation table in accordance with section 85.6;

(v)          appropriation Tables C, D, E and F in subdivision 104B (as appropriate); and

(vi)        where applicable, full disclosure of the relationship between the ‘responsible Entity’ and the Entity paying moneys from the CRF.

(b)       For departmental Special Appropriations:

(i)            departmental revenues and expenses as part of the income statement;

(ii)         departmental assets and liabilities as part of the balance sheet;

(iii)       departmental cash flows as part of the cash flow statement;