Changes to the Aged Care Financial Report

The department is introducing a number of changes to the Aged Care Financial Report (ACFR) commencing with the submission of the 2020-21 ACFR.

Date published:
Subscriber announcement
Health sector

Major changes include:

  • detailed residential segment income and expense statement at the facility level
  • enhanced approved provider reporting
  • consolidated parent level segment report
  • permitted uses reconciliation

The department consulted with CFOs from selected providers in December 2020 and January 2021. Their feedback is incorporated into the Discussion Paper.

Please review the Discussion Paper & attachments and provide any feedback to by 17 March 2021.