Revised Aged Care Financial Report (ACFR)

Closed 17 Mar 2021

Opened 3 Mar 2021


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

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.

This paper sets out the changes that are intended to be introduced in 2020-21. Stakeholder feedback will assist the Department in finalising its changes to the ACFR for 2020-21.

The department consulted with CFOs from selected providers in December 2020 and January 2021. Their feedback is incorporated into the attached Discussion Paper and a transitional approach to the new ACFR is now proposed.

Please review the Discussion Paper and provide any feedback to by 17 March 2021. Thank you.


  • Aged care service providers


  • Home Care
  • Aged Care
  • Residential Aged Care
  • Short-Term Restorative Care