Aged Care Facilities

The rapidly growing aged care sector is coming under increased scrutiny from a range of interest groups such as developers, councils, federal and state governments and retirees. Advisors need to be acutely aware of the many legislative and business challenges faced by aged care facilities because accounting for retirement village developments is a complex exercise requiring technically competent professionals.

Our accountants have been servicing clients in this sector for decades so they have a deep understanding of the retirement Villages Act 1999 and the changes proposed under the Retirement Villages Amendment Bill 2018.

What we do

  • Undertake aged care specific audit programs
  • Assist with all functions from monthly reporting to complete outsourcing of financial management and administration
  • Strategic planning and change management
  • Organisational structure and reporting frameworks
  • Industry-specific tax advice on compliance issues like salary packaging, fringe benefits tax and goods and services tax