Financial Sector (Collection of Data) determination No. 39 of 2005 - Reporting Standard ARS 323.0 (2005) - Statement of Financial Position (Licensed ADI)
Community service organisations Community service organisations
Start here
Get a plain-English read of Community service organisations
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 39 of 2005 - Reporting Standard ARS 323.0 (2005) - Statement of Financial Position (Licensed ADI).
Community service organisations
Include:
- Institutions financed mostly by members’ contributions, e.g. trade unions, professional societies, consumer associations, political parties, churches and religious societies, and social, cultural, recreational and sports clubs
- Charities and aid organisations financed by voluntary transfers
Exclude:
- Community service organisations and non-profit institutions controlled and mainly financed by government (include in general government).
6.2.2. Loans to unincorporated business and community service organisations (CSO) – Balance outstanding (1)
- Include the total gross value of loans to Australian community service organisations and unincorporated businesses.
- This reporting item should be reported gross of any specific provisions.
6.2.2. Loans to unincorporated business and community service organisations (CSO) – Specific provisions (2)
Report the specific provision for doubtful debts applied to this loan item. Where an ADI adopts a standardised approach under APS 220 Credit Quality (paragraph 11), as described in AGN 220.3 Prescribed Provisioning, the value of the prescribed provision should also be included here.
6.2.2. Loans to unincorporated business and community service organisations (CSO) – General provisions (3)
Report the general provision for this reporting line, if this recorded or allocated by the institution on this basis.
Loans to ADIs and other financial institutions
Include:
- treasury related short-term lending to other banks;
- corporate banking customer relationship lending to other financial institutions;
- loans and advances to other banks;
- loans with banks and non-bank financial institutions; and
- loans and advances to the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity that are financial institutions.
This reporting item should be brought to account at the gross value of the outstanding balance. Interest is taken to profit and loss when earned.
Include the following counterparties: