Suite 4, 255 Whitehorse Road, Balwyn VIC 3103
Suite 4, 255 Whitehorse Road, Balwyn VIC 3103
Education
ASQA and ACNC compliance, CRICOS registration support, acquisition due diligence, and financial modelling for Registered Training Organisations, private schools, and VET providers across Victoria.
ASQA Compliance
Financial viability assessments, registration and re-registration support
RTO Accounting
Management reporting, course fee management, and accounting software setup
Acquisition Due Diligence
Financial and compliance review for RTO and CRICOS acquisitions
Private School Audit
Insightful and ACNC-compliant
ASQA Compliance
Financial viability assessments, registration and re-registration support
RTO Accounting
Management reporting, course fee management, and accounting software setup
Acquisition Due Diligence
Financial and compliance review for RTO and CRICOS acquisitions
Private School Audit
Insightful and ACNC-compliant
The Challenge
A poor financial viability result can affect your ASQA registration outcome. Without properly prepared financials and supporting documentation, registration renewals carry unnecessary risk.
The annual audit process does not need to be disruptive or seen as a necessary evil. Done well, it provides insights and assurances to keep personal and regulatory bodies informed.
RTOs receiving government funding face strict reporting and compliance obligations. Disorganised financial records can jeopardise funding arrangements and trigger audits.
Buying an existing RTO without thorough due diligence exposes you to inherited compliance issues, undisclosed liabilities, and ASQA registration complications that can be costly to unwind.
What We Cover
WHY KIDMANS PARTNERS
We maintain your financial records in a format that supports ASQA's financial viability assessment. When renewal comes around, your documentation is already prepared.
Whether you need a school financial audit that meets Australian Accounting Standards and ACNC requirements, RTO compliance accounting, or strategic advice on an acquisition, it all sits within one integrated team. No referrals to different firms for different needs.
We understand course fee management, student income accounting, CRICOS obligations, and government funding compliance. This is not general accounting adapted to the education sector.
We work with you ahead of registration renewals, funding reviews, and reporting deadlines so you always have time to respond, not just react.
TRUSTED IN MELBOURNE AND AUSTRALIA-WIDE
Don't take our word for it. Here's what our clients say about working with the Kidmans Partners team.
Related Services
Our integrated practice means your accounting, finance, and advisory needs are handled under one roof.
Independent financial audits, internal controls reviews, and assurance services for education clients with complex reporting requirements.
R&D tax incentive claims, instant asset write-off planning, payroll tax, and proactive tax planning tailored to the needs of education.
Strategic advisory for education focused on margin improvement, cash flow forecasting, equipment investment decisions, and succession planning.
NEWS & INSIGHTS
TAKE THE FIRST STEP
A complimentary initial call with one of our Senior Team Members. No obligation. No jargon. Just a clear plan for what comes next.
Frequently Asked Questions
ASQA conducts Financial Viability Risk Assessments as part of the registration and re-registration process for Registered Training Organisations. The assessment examines your financial statements, liquidity, and business viability. We prepare supporting financial documentation and work with RTOs to present their financials clearly for the assessment.
Independent schools in Victoria generally have financial reporting obligations to their governing body and under VRQA registration requirements. Many schools above a certain size are required to have financial statements independently audited. We audit financial statements suitable for board and committee reporting and regulatory submission to ACNC.
CRICOS registration allows RTOs and schools to enrol international students and involves demonstrating financial viability. We assist education providers with the financial documentation required for CRICOS applications and renewals, and advise on ongoing compliance obligations.
RTO acquisitions carry specific risks, including the status of ASQA registration, student enrolment numbers, government funding arrangements, and compliance history. We provide financial due diligence for RTO acquisitions and advise on structuring to manage regulatory and financial risk.
If your school has not changed auditors for many years, it may be worth asking whether the current audit is still bringing the right level of professional scepticism, challenge and insight. Changing auditors does not need to be disruptive. A well-managed transition can provide your school with a valuable opportunity to benchmark current practices, refresh the audit approach and obtain a more objective assessment of areas that may have become accepted over time.
