When you apply to become a registered training organisation (RTO), ASQA asks you to demonstrate financial viability by submitting the Financial viability risk assessment pack (DOC).
You can submit your pack up to 30 days before, or at the same time as, your initial registration application.
The pack requires you to answer to a series of questions about your organisation’s financial viability, including financial projections and business ratios. You will need an accountant's help to complete the pack.
The process of completing the pack will also help you gain a realistic understanding of the financial requirements of becoming an RTO, and provide an independent assessment of the sustainability of your proposed business.
If you submit an application for initial registration without the financial viability risk assessment pack, your application will be considered incomplete.