- Name and code of each course
- Duration of the course
- Frequency of intakes
- Expected student numbers
- Course fee details
- And other direct and indirect costs to run the courses

Strategies to complete the Financial Viability Risk Assessment tool
When you apply to become an RTO or your financial condition is a source of concern, or when you are in the process of a post-initial audit scenario, ASQA may require you to submit the Financial Viability Risk Assessment tool to demonstrate your financial viability. The fact that this obligation only applies in specific circumstances has already been discussed.
The Financial Viability Risk Assessment tool helps organisations to assess the risks associated with their current financial situation. It is also a tool that is used to evaluate the viability of a business in the present and in the future. The purpose of this tool is to help managers understand whether a training organisation can continue operating in an environment that will return enough revenue.
The financial viability risk assessment pack should be completed by an accountant who is registered with ASIC for your training organisation.
The financial viability of your organisation, including your financial history and projections, must be provided in order for you to be able to demonstrate compliance with these requirements.
This article discusses some of the strategies to ensure that you complete the financial viability risk assessment in a competent manner.
Find a qualified and experienced RTO accountant
Accounting professionals with prior experience performing financial viability risk assessments and those who do not have such prior experience and knowledge have a significant gap in their knowledge and skills. Always choose accountants who have a lot of experience in order to have these tasks professionally and competently completed.
Consider all the information you will need
One of the most important steps is to establish what information, data, records are required from you in order for an accountant to complete your financial viability risk assessment and what information is not required. So take some time to understand what information an accountant will require from you in order to complete the financial viability risk assessment and how you should supply this information e.g format, medium, process and so on.
Important information includes the following: