Board Governance with a focus on the Financial and Prudential Standards

Board Governance with a focus on the Financial and Prudential Standards

board members in discussion

Workshop overview

The Aged Care Quality & Safety Commission’s May 2026 update cited that some providers were still uncertain of their obligations under the new Financial and Prudential Standards. Ensure your board, executive and management team understand their responsibility to maintain compliance and strengthen your knowledge and approach.

This workshop offers an overview of the three Financial and Prudential Standards. Participants explore how to maintain financial sustainability for continuance of service delivery, while sharing the responsibility to strengthen governance, oversight and financial stewardship.

A post session quiz is available, upon request, with a participant summary report available to organisations with 5 or more participants in attendance.

Who should attend?

Board members, senior management, executive management, quality and risk managers in all aged care settings.

The outcomes are:

  • Gain an overview of the three Financial and Prudential Standards and their key requirements
  • Understand the responsibilities (and especially the responsibilities associated with conformance to the Financial and Prudential Standards) of the board and managers who support governance, oversight and compliance
  • Identify related reporting requirements and timelines
  • Explore the key components and process of a Financial and Prudential Review.

Date: 16 July 2026

Time: 3-4.30pm AEST

Cost details:

Ageing Australia members
$299 incl. GST each

Non-members
$398.70 incl. GST each

 

Note – Registration is one ticket per participant and all participants are required to access training on individual devices.

 

For group bookings of 11 or greater please contact the Learning and Professional Development team at .


 

 

 

Who is facilitating?

Cheryl Edwards

Cheryl Edwards

Cheryl Edwards is a registered nurse who has 36 years of experience in residential aged care management. Cheryl has worked for smaller and larger private and not-for-profit providers, in both corporate and operational roles, and in leadership development programs.

She holds qualifications in management, work health & safety and is a workplace trainer and assessor. Cheryl is also a Myers Briggs practitioner.

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Cancellations, refunds, substitutions and transfers

Ageing Australia’s learning and professional development (L&PD) products are delivered subject to sufficient registrations, as stipulated by available tickets against each event, and tickets can be purchased directly from the what’s on page.

Training session viability of each advertised session is assessed prior to the scheduled date of delivery, when a decision is made regarding continuation or cancellation. When a training session is cancelled due to insufficient numbers or circumstances outside of the control of Ageing Australia, a full refund will be paid, directly to the customer who has made the initial purchase.

A full refund is also available if a participant withdraws from a training session, 14 or more days prior to the session being delivered, on the condition, that the customer has contacted , to inform regarding their intention to withdraw. No refunds or transfers will be considered without notification prior to the commencement of a training session. Late notifications will be considered on a case-by-case basis.

An organisation may choose to substitute a participant of a previously paid session, by emailing , 24 hours prior to the commencement of the training session. Full details of the substituted participant must be provided.

Payment terms

It is a condition of registration that participants pay full payment at the time of booking via credit card or by invoicing by prior arrangement.  All payments must be finalised prior to commencement. Registrants who have outstanding payments will not be able to participate. Upon registration, a tax invoice will be emailed to the person making the booking.