The new Financial and Prudential Standards
Publication date
The new Financial and Prudential Standards will be introduced with the commencement of the new Aged Care Act. The new Standards set out the minimum requirements for good financial and prudential management of registered aged care providers. Registered providers must comply with the Financial and Prudential Standards that apply to them as a condition of their registration.
The new Financial and Prudential Standards (PDF 1.59 MB)
Standard
2: The Organisation
Outcomes
2.3: Accountability, quality system and policies and procedures
