Annual Prudential Compliance Statement (APCS)

Page last updated: 30 August 2019

The 'Annual Prudential Compliance Statement' (APCS) is a form completed by approved providers of residential aged care. Approved providers are required in accordance with Part 5 of the Fees and Payments Principles 2014 (No.2) (the Principles) to demonstrate their compliance with the Prudential Standards on an annual basis by submitting a completed APCS to the department.

The APCS form contains questions about the number and value of the refundable deposits, accommodation bonds and entry contributions held, whether refunds were paid on time, and whether they complied with Prudential Standards. This allows the department to collect information about an approved provider’s compliance.

Who needs to complete an APCS?

Approved providers that hold or have previously held refundable deposits, accommodation bonds or entry contributions are required to complete and submit an APCS to the Secretary of the department within four months of the end of their financial year to demonstrate compliance with the four Prudential Standards:

  • Liquidity Standard
  • Records Standard
  • Disclosure Standard
  • Governance Standard

Online Submission

The 2018-19 year end prudential and financial reporting requirements for residential aged care providers will need to be completed with the Aged Care Financial Report (ACFR).

The ACFR is a single template which consolidates previously separately reported prudential and financial reporting, including the APCS.

Providers will be required to complete the ACFR online with data to be entered into the new online portal. Residential aged care providers will also upload and submit the General Purpose Financial Report and the APCS audit opinion through the online portal. 


If you would like further information or have questions about the content of the APCS package contact the department at

More information

The Annual Prudential Compliance Statement (APCS) Guidelines is a users guide to help approved provider’s complete the APCS.

The APCS audit guide is to assist in auditing the APCS. The two templates can be used as examples to audit the APCS:

Residential care