US EditionLiquidity ratios relief: Ageing Australia updates members on consultations
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Liquidity ratios relief: Ageing Australia updates members on consultations
Aged care providers will be able to meet new liquidity standards by demonstrating to the Aged Care Quality and Safety Commission (ACQSC) that they have robust liquidity management processes in place, rather than adhering to a strict financial ratio, according to a member alert from Ageing Australia, the peak body for aged care providers. The ACQSC has yet to confirm the final liquidity ratios, which, when first released for consultation in Febru…
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