In order to obtain a JAA approval a FTO must provide evidence of sufficient funding for the course(s) for which approval is sought. This is normally a simple statement endorsed by an auditor. A financial statement is required on each annual renewal of the approval. If this was not forthcoming, the approval would not be granted.
However, I am sure you could produce such a document whatever your real financial status, banks can be fooled and aviation authorities are not accountants.
[This message has been edited by Noggin (edited 12 March 2001).]