The purpose of the financial viability statement is to demonstrate to CQC that a provider can sustain compliance with Regulation 13 of the CQC (Registration) Regulations 2009, the Financial Position regulation.
CQC will seek assurance in the form of a statement letter from a financial statement, this could be an accountancy, bank or financial services firm. This will apply to new providers submitting a new registration application. We have accountants on our panel who specialise in FVS based on the Financial Forecast driven from Business Plans.
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