Complete FVRA Tool preparation for initial RTO registration, CRICOS endorsement, material change, or response to an ASQA Request for Information — built by a Chartered Accountant, sized to withstand regulatory scrutiny first time.
And why generic accountants without RTO context routinely struggle to deliver one that lands first time.
The Financial Viability Risk Assessment Tool is the structured Excel workbook ASQA uses to assess whether an applicant or existing RTO has the financial capacity to deliver the training they propose to deliver.
It looks like a spreadsheet. It functions as a financial argument. Three years of forecast revenue and expenditure, working capital, cash flow, and balance sheet projections — all anchored to operational assumptions that have to be both internally consistent and externally credible.
The reason FVRA submissions get rejected isn’t usually arithmetic. It’s assumptions that don’t hold up, narrative that doesn’t match the numbers, or financial structure that signals the applicant has under-thought their own business model. ASQA assessors read these every day. They notice.
The four most common situations that bring RTOs to our door.
Turnaround depends on how quickly we receive your operational and financial inputs. The sequence below is typical for a standard RTO engagement — CRICOS and RFI responses vary.
Scope the engagement, walk through our FVRA Client Input Template, and confirm what evidence you’ll need to gather.
You compile the operational and financial inputs against our template; we’re on-call for questions throughout.
We review the data, flag inconsistencies, stress-test assumptions, and work with you to lock the final numbers.
You formally sign off on the locked operational and financial inputs before we build the submission.
Financial modelling, FVRA Tool preparation, Chartered Accountant review and sign-off, ready for lodgement.
Our standard FVRA engagement is a fixed-fee deliverable. What you get for it is below.
For ongoing monitoring of financial viability between formal submissions — useful for established RTOs that want to stay ahead of the regulator — see Board & Management Reporting.
Eight to twelve working days from initial brief to sign-off, assuming you can provide the input data within the first 5-day window. The longest delays come from incomplete operational data — so the more groundwork you’ve done before the engagement, the faster we can deliver.
Yes — this is one of the most common reasons RTOs come to us. Whether you’ve received a formal RFI, an audit finding referencing financial concerns, or informal feedback during reactive monitoring, we can prepare a response-grade FVRA Tool with appropriate narrative.
No. The FVRA is a discrete deliverable — we’ll work from your existing accounting records (Xero, MYOB, QuickBooks, or other). However, where existing records are incomplete or inconsistent, fixing the underlying data is part of what we do, and that may extend the timeline.
FVRA engagements are fixed-fee, quoted at consultation stage based on entity complexity, scope (initial registration vs CRICOS vs RFI response), and the state of your underlying financial data. We’ll give you a firm price before any work begins — never an open-ended hourly engagement.
Yes. Every FVRA submission we deliver is reviewed and signed off by a Chartered Accountant who is also a TPB Registered Tax Agent (#26058776). The signed Tool carries professional accountability that ASQA recognises.
Yes — through our sister practice SKG Consulting Services, which has been doing exactly that for over a decade. For applicants in particular, running both engagements in parallel is the most efficient path.
Book a free 20-minute consultation. We’ll scope the engagement and quote you a fixed fee before any work begins.