Aged Care Financial Report

Approved providers of residential aged care, home care, multi-purpose services and respite care are required to complete an annual Aged Care Financial Report (ACFR). Providers must report on mandatory requirements to receive Australian Government operational approval and funding.

About the ACFR

The Aged Care Financial Report (ACFR) enables the Australian Government to collect approved providers and parent entities where applicable. What you report in the ACFR depends on the type of service you provide.

Residential aged care providers supply:

  • information on income and expenses for care services and other activities for each facility, including information on labour costs and hours
  • an approved provider level balance sheet, income statement and cash flow statement (non-government providers only)
  • movement schedules to accompany the financial statements
  • a consolidated parent level segment report covering all residential services (non-government providers only)
  • an Annual Prudential Compliance Statement.

Home care providers supply:

  • information on income from providing services, such as fees for the provision of care and package management
  • information on expenses, including wages and salaries, management fees, care-related expenses, and information on labour costs and hours
  • other financial information, unspent package funds, and cash and liquid assets.
  • an approved provider level balance sheet, income statement and cash flow statement (non-government providers only)
  • a consolidated parent level segment report covering all home care services (non-government providers only)

Multi-purpose services provide:

  • an Annual Prudential Compliance Statement.

Respite care (short-term restorative care) report:

  • income including Australian Government subsidies and daily client contribution fees
  • expenses including wages, salaries, and administration and management costs.

In addition to the annual ACFR, from 1 July 2022 approved providers must submit the new Quarterly Financial Report (QFR). The QFR will provide the Department of Health and Aged Care with more timely, accurate data to support ACFR data. Further information is available on the QFR reporting requirements webpage.

Date of annual reporting

You must submit an ACFR each financial year by 31 October.

View the user guides and submit the ACFR through the online forms portal.

The ACFR portal is coordinated by Forms Administration for the Department of Health.

Recent changes to ACFR requirements

In response to the Royal Commission into Aged Care Quality and Safety, the department is improving financial reporting and strengthening prudential compliance for approved aged care providers. Changes to ACFR reporting requirements are part of the broader aged care reforms.

For the 2021-22 ACFR, major changes relate to expanded home care financial reporting and transparency measures, including:

  • introduction of approved provider level reporting for home care
  • introduction of a consolidated parent level segment report for home care
  • expanded home care segment income statement
  • expanded reporting of residential aged care expenditure
  • inclusion of an auto populated per resident per day summary residential income statement
  • publication of General Purpose Financial Reports

Download the Guide to changes to the aged care financial report for details.

Resources and training

For feedback or questions email ffbconsultation@health.gov.au.

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