You must calculate average values for particular matters (for example, assets, liabilities, debt and equity capital) in order to determine:
- maximum debt level for non-ADI entities
- minimum capital level for ADI entities.
This section explains how to establish a value and an average value for a matter, including:
- valuing assets, debt, other liabilities, equity and other matters
- modifications to the accounting standards when valuing for non-ADI entities
- ATO's discretion to substitute a value
- average values.