Retirement Village Consulting

Focus PG is a leading Retirement Village Consultancy in Australia. With extensive knowledge, experience and understanding in all aspects of the Aged Care and Retirement Village sector, we attend to the needs of a broad base of clients which includes government, church, charitable and community organisations, property developers and on-site administrative managers.

Our experience is such that we recognise all accounting and operational issues affecting Retirement Villages, both legal and social and as a result our advice is proactive – meaningful and practical solutions for day to day management and long term planning.

In recognition of our contribution and high level expertise in this sector, we have been awarded Industry Partner Status by two of Australia’s leading retirement and aged care organisations: Retirement Villages Association of Australia (RVA) and Aged Care Queensland.

Our Retirement Village Consulting services include, but are not limited to the following issues:

• Day to day management advice and guidance including budgeting and cash-flow planning, financial reporting, assistance with returns and statements; classification of expenditure; review of resident agreements (from an accounting perspective), response to resident queries, resident information sessions, resident meeting procedures; document systems, Tribunal application accounting advice and management;
• Accounting and corporate governance;
• Business structuring and planning;
• Statutory and special (forensic) auditing;
• Project planning, market feasibility, preparation of construction budgets and cash flow as well as post-construction cash flow planning.
• Acquisitions & sales of retirement villages and other aged care facilities including due diligence;
• Advice regarding raising debt or equity for start-up, expansion and acquisition projects including providing links with specialist industry financiers;
• Finance and financial viability including accommodation bond levels or DMF (Deferred Management Fees), capital stability and financial performance.
• Taxation – GST, CGT and stamp duty;
• Industry legislation including compliance and various reporting commitments;

Additionally, Focus PG has assembled a network of specialist professionals - lawyers, quantity surveyors and financiers – who also specialise in the retirement village sector to provide a comprehensive advice package for retirement village clients from start-up to general management, expansion, acquisition and special projects.

Rachael Stonier, Focus PG Director, heads a team of accountants and staff specially trained to support the particular needs of the Retirement Village sector, while Co-Director, Allen Hertel oversees forensic auditing services for retirement villages and aged care facilities.

For more information regarding specialised professional services for the Aged Care and Retirement Industry please contact Focus PG.

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