Financial Sector (Collection of Data) determination No. 88 of 2005 - Reporting Standard ARS 320.9 (2005) - Intra-Group Receivables and Payables
Intra-group loans and advancesIntra-group loans and advances
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Intra-group loans and advances
Report all loans and advances to related parties that are resident entities. Loans and advances are defined in the ARF 320.0 Statement of Financial Position (Domestic Books) instructions. For the purpose of this form, intra-group loans and advances should be recognised gross of provisions for impairment.
Loans and advances should be recorded net of unearned revenue; this is mainly with respect to unearned lease receivables.