Conflicts of Interest, Third Parties and Financial Viability

Course Overview

This unit goes deep into three of the most complex governance obligations facing RTOs: managing conflicts of interest, overseeing third-party arrangements, and monitoring financial viability. You will cover disclosure and management of conflicts, the written agreement, monitoring and student notification requirements for third-party arrangements, and the Financial Viability Risk Assessment Requirements. You will also use the Compliance Risk Register at a leadership level to prioritise and lead risk mitigation across your RTO.

By the end of this unit, you will be able to manage the governance areas where failures most frequently occur, and lead a quality culture built on communication, accountability and informed decision-making.

Lessons at a Glance

• Conflicts of Interest in RTO Governance - What conflicts of interest are, how they arise in RTOs, disclosure and management obligations, and governance frameworks.

  
  

• Managing Third-Party Arrangements - When third-party arrangements apply, compliance obligations, written agreement requirements, monitoring and oversight, and student notification.

  
  

• Financial Viability and Risk Management - Financial Viability Risk Assessment Requirements, monitoring obligations, and governance responsibilities for financial sustainability.

  
  

• Risk Identification and Compliance Leadership - Using the Compliance Risk Register at a leadership level, risk prioritisation, and leading risk mitigation across your RTO.

  
  

• Building a Quality Leadership Culture - Communication, decision-making, accountability, and embedding a culture of quality compliance throughout your organisation.

Assessment

Each course in the RTO Compliance Coaching Program is assessed through a short online knowledge quiz and a practical, workplace-based assignment. Assessments are designed to be applied directly to your own RTO context, so what you complete for assessment purposes also becomes a usable output for your compliance systems. All assessments are hosted and completed within the online learning platform.

What You’ll Gain

• Learn to identify, disclose and manage conflicts of interest in RTO governance.

• Understand your obligations for overseeing third-party arrangements, including written agreements and student notification.

• Get across the Financial Viability Risk Assessment Requirements and your monitoring obligations.

• Use the Compliance Risk Register at a leadership level to prioritise and mitigate risk.

• Build a quality leadership culture grounded in communication, accountability and informed decision-making.

Additional Benefits

• Self-paced online delivery, accessible anytime via the CWTS learning platform.

• Content developed and maintained by practising RTO compliance specialists.

• Templates, tools and registers provided as part of each course, ready to adapt for your own RTO.

• Aligned with the current Standards for RTOs 2025 and reviewed as the regulatory environment changes.

• Certificate of completion issued for each course, contributing to your ongoing CPD record.