What are the changes to how ASQA reviews financial viability?
Answer
To ensure applicants are fully financially prepared to operate a sustainable training business and help them understand the financial requirements for registration, applicants will be required to complete a new financial viability risk assessment.
Applicants must give ASQA a detailed business plan and a range of financial information and underlying assumptions including information on projections, funding sources, assets and loan arrangements, staff and student numbers.
- More information about financial viability requirements for initial registration
- New Financial viability risk assessment