Suite 4, 255 Whitehorse Road, Balwyn VIC 3103
Suite 4, 255 Whitehorse Road, Balwyn VIC 3103
Aged Care
Compliance, funding, and audit expertise built for aged care.
APRA Compliance
Prudential standards for financial reporting
ACQSC Oversight
Quality and Safety Commission requirements
RAD / DAP Funding
Deposit modelling and analysis
Principal-Led
Experienced team on all engagements
APRA Compliance
Prudential standards for financial reporting
ACQSC Oversight
Quality and Safety Commission requirements
RAD / DAP Funding
Deposit modelling and analysis
Principal-Led
Experienced team on all engagements
The Challenge
The Australian Prudential Regulation Authority (APRA) and the Aged Care Quality and Safety Commission (ACQSC) reforms move fast. We track every change.
RAD/DAP modelling and cashflow forecasting, built for providers.
Internal controls and audit, designed for aged care risk.
What We Cover
Deep aged care knowledge. Not generic advice adapted to fit.
WHY KIDMANS PARTNERS
One firm. One plan. Fewer handovers.
We know your obligations before they change.
We understand aged care funding and operations.
TRUSTED IN MELBOURNE AND AUSTRALIA-WIDE
Don't take our word for it. Here's what our clients say about working with the Kidmans Partners team.
Related Services
Our integrated practice means your accounting, audit, and advisory needs are handled under one roof.
ASIC-registered auditors providing independent financial audits and APRA compliance reporting for aged care providers.
Align your business exit strategy with your personal wealth goals. Our wealth team works directly with your advisory team.
Tax compliance, FBT, payroll tax and strategic tax planning tailored to the aged care sector's unique obligations.
NEWS & INSIGHTS
TAKE THE FIRST STEP
A complimentary initial call with one of our Senior Team Members. No obligation. No jargon. Just a clear plan for what comes next.
Frequently Asked Questions
Both. We work with facility operators, not-for-profit boards, and retirement village managers on the provider side, and with families navigating the financial and legal process of transitioning a loved one into residential care. The two are quite different in scope, and we have experience in both.
APRA sets the prudential standards that apply to aged care providers in relation to financial reporting and resident accommodation deposits. This includes requirements around how Refundable Accommodation Deposits (RADs) are held and reported. Non-compliance can affect your aged care approval status, so getting the financial reporting right is not optional.
Yes. Not-for-profit aged care providers may be eligible for income tax exemption, GST concessions, and specific FBT treatment. The rules vary depending on your registration status and the nature of your activities. We advise on structuring to ensure you’re accessing the concessions you’re entitled to.
A RAD is a lump sum a resident pays toward their accommodation in residential aged care, either in full or alongside daily accommodation payments. The provider must refund the remaining balance when the resident leaves or passes away, after permitted deductions, including applicable retention amounts. Providers must manage RADs in line with aged care financial reporting and prudential requirements overseen by the Aged Care Quality and Safety Commission. Specialist accounting advice can help providers manage reporting, forecast cash flow, and ensure they have sufficient funds to meet refund obligations.
Aged care acquisitions involve several layers of due diligence beyond a standard business purchase, including review of regulatory approvals, resident agreements, RAD liabilities, ACQSC compliance history, and staffing cost structures. We provide financial due diligence for aged care acquisitions and can model the financial impact of facility expansion, including capital requirements and funding.
