Our Expertise
Dedicated RTO Accounting Specialists
Registered Training Organisations (RTOs) are complex in nature and are heavily regulated, thus needing expert accounting and taxation knowledge. The team at Vivid Partners have vast experience in the industry and can assist RTOs in various stages ranging from those seeking initial registration to the ones who have been in the industry for a long time.
Having worked with numerous RTOs in preparing FVRAs — ranging from those seeking initial registration to established providers — we have built specialist knowledge in the industry and can provide you with tailored services depending on your needs.
How We Help RTOs
Comprehensive accounting and advisory services tailored specifically for Registered Training Organisations at every stage of their journey.
Financial Viability Risk Assessment (FVRA) for RTOs
FVRA is a tool used by ASQA to assess whether the RTO seeking initial registration — or existing RTOs seeking CRICOS — has the financial capacity to operate a sustainable training business and achieve quality outcomes for their students.
Applicants seeking initial registration as a RTO/CRICOS, any RTO looking to change their scope of registration within the first two years, and existing RTOs need to complete the FVRA tool.
The FVRA Includes:
- Provider Details
- Balance Sheet
- Profit & Loss Statement
- Cash Flow Statement
- Bank, Debtors and Creditors
- Student Number and Course Fees
- Key Expenses
- Business Plan showing current conditions and future outlook