Financial services built for training providers.

Most RTO directors end up coordinating between three providers: a generic accountant who doesn’t know ASQA, an RTO consultant who doesn’t prepare financials, and a bookkeeper who handles neither.

That structure has obvious failure points — particularly when an FVRA is due, an ASQA RFI lands, or a CRICOS audit is scheduled. SKG Financial Services exists to remove the gap, by combining the financial and regulatory work in one engagement.

For new applicants, that means structuring the entity, building the three-year forecast, and completing the FVRA Tool in a single coordinated workflow. For established RTOs, it means ongoing accounting that already reflects the regulatory framework you operate under.

Financial Viability Risk Assessment

Complete FVRA Tool preparation for initial RTO registration, CRICOS endorsement, material change, or response to an ASQA Request for Information.

• Three-year financial forecasts with assumption schedules
• Management accounts and reconciliations to source ledger
• Director’s statement and supporting narrative
• Stress-testing of revenue, cash, and working capital scenarios
• Chartered Accountant sign-off on the completed Tool

Board & Management Reporting

Monthly or quarterly reporting packs designed for RTO boards and senior management — presented for non-financial readers, but built on properly structured underlying data.

• P&L by campus, course, or business unit
• Cash flow vs forecast with variance commentary
• Enrolment-linked revenue and unearned income analysis
• ASQA-facing financial viability indicators tracked period over period
• Visual-first presentation suitable for board meetings

Ongoing RTO Accounting & Tax

Bookkeeping, GST and BAS, payroll oversight, year-end accounts, and annual tax returns — with a chart of accounts structured around how RTOs actually operate.

• Xero-compatible setup and ongoing maintenance
• Tuition revenue recognition (deferred income, refund liability handling)
• VSL / Fee-HELP / VET Student Loans accounting treatment
• Trust account oversight where applicable
• Year-end statutory accounts and tax returns under the same engagement

RTO Business Set-up & Structuring

For new RTO applicants, the financial foundations need to be sound before the application reaches an ASQA assessor. We build them, then stress-test them.

• Entity selection (Pty Ltd vs trust structures, with tax and asset-protection considerations)
• Working capital planning aligned to projected enrolment ramp
• Bank-grade three-year forecasting models
• Pre-lodgement FVRA stress-testing — identifying weak points before ASQA does
• Coordination with SKG Consulting on the parallel compliance application

TPS Management & Reconciliation

The Tuition Protection Service is a compliance area generic accountants routinely get wrong — and one CRICOS providers can’t afford to get wrong.

• Annual TPS return preparation under the ESOS Act framework
• TPS levy calculation, payment, and reconciliation
• Student-fee reconciliations between tuition collected, recognised, and protected
• Advisory on reportable changes (provider details, course offerings, ownership)
• Coordination with CRICOS compliance obligations under the National Code