Financial Sector (Collection of Data) (reporting standard) determination No. 24 of 2019
Reporting basis and units of measurementReporting basis and units of measurement
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Reporting basis and units of measurement
Report all items on ARF 118.1 in accordance with Australian Accounting Standards unless otherwise specified.
Items on ARF 118.1 must be completed as at the last day of the stated reporting period (i.e. the relevant quarter).
All items must be reported in Australian dollars (AUD) and in millions of dollars rounded to one decimal place.
An immediate parent NOHC must complete this form in AUD and in accordance with the same units as its subsidiary ADI.
Amounts denominated in foreign currency must be converted to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.
IRB ADIs must report under ARF 118.1 exposures for which the ADI adopts an advanced approach for its capital calculation. All other exposures that are measured under the standardised approach must be reported in ARF 112.2A.
IRB ADIs will continue to have certain reporting obligations under the ARF 112.2A and ARF 113 series of reporting forms.