Future Proofing Your Business | Presented by Audit Express and Circulus

Future Proofing Your Business | Presented by Audit Express and Circulus

Future Proofing Your Business [emaillocker id=6291]

Audit Express have partnered with Circulus Education to deliver the October VET Industry Drinks: Future Proofing Your Business

Future Proofing Your Business

Times are changing in the VET sector. We are facing a major shift in the overall structure, regulation and funding of the VET sector. Attend our event on the 14th of October to learn more about future proofing your business.

You can register to attend here >>>

http://www.eventbrite.com.au/e/oct-vet-industry-drinks-future-proofing-your-business-tickets-16307689739

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AuditExpress present on ‘Compliance with Marketing in VET’.

AuditExpress present on ‘Compliance with Marketing in VET’.

 

AuditExpress present at Circulus & Fairfax Media Networking Event on ‘Compliance with Marketing in VET’.

Audit Express Director Matthew Dale presents at Circulus and Fairfax Media VET Networking Event.

Audit Express Director Matthew Dale presents at Circulus and Fairfax Media VET Networking Event.

 

Director of AuditExpress, Matthew Dale presented at Circulus Education & Farifax Media VET Networking Event held last night in Melbourne. [emaillocker id=6291]

A massive thanks to the teams at both Circulus and Fairfax Media for organising such a great event, with close to 150 guests turning out to network and discuss improving overall quality and compliance in the Australian VET Sector.

In case you missed the event or did not get the chance to take down any notes, here are the key messages from Matthew’s presentation on how you might comply with with marketing requirements for RTOs.

 

 

 


1. Know your standards

  • Take the time to sit down and work through your RTO Standards and Funding Contracts or Agreements
  • Identify the marketing requirements from document and make it standard practice to understand how it all fits in place with your RTO
Know the standards and contracts relevant to your RTO. Understand the marketing requirements of each standard and funding contract.

Know the standards and contracts relevant to your RTO. Understand the marketing requirements of each standard and funding contract


2. Take a systematic approach to marketing

  • Implement an approval process for marketing in your RTO
  • You might like to use a one page approval form to record the staff that have proof read draft marketing material and checked for compliance
  • Use a marketing checklist to verify that draft marketing material meets your RTOs compliance requirements
  • Maintain a marketing register to record all advertising and marketing in your RTO. I recommend recording everything… even your RTOs social media updates

How to comply with marketing requirements.


3. Become an RTO known for implementing best practice

  • Ensure that your RTOs approach to marketing is structured and well documented.
  • Implement an internal approval process
  • Maintain a marketing register
  • Develop a social media strategy
  • Consider what digital compliance means to your RTO
Take a Best practice approach to marketing in VET.

Take a Best practice approach to marketing in VET.

 

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AuditExpress present on ‘Compliance with Marketing in VET’.

Funding Contract Compliance and Audit Readiness.

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If your Registered Training Organisation (RTO) delivers training with access to government funding, ask yourself the following two important questions:

1) Is your RTO compliant with the requirements for each of its funding contract(s) ?
2) Is your RTO audit ready ?

With government funding for the VET Sector receiving recent significant media attention in relation to poor quality training providers, low completion rates and concerns around the practices of some RTOs using the VET Fee Help scheme, the time to check your RTOs contract compliance is now! [emaillocker id=6291]

See the following articles:

http://www.theaustralian.com.au/higher-education/audit-flagged-for-vfh/story-e6frgcjx-1227178735160
http://www.theage.com.au/victoria/concern-as-online-vet-course-completion-drops-enrolments-rise-20150116-12r4tx.html

Far too often RTOs reach out for help with compliance only days or weeks before they are due to receive an audit from the regulator or the relevant government department. This leaves little time to conduct an internal audit and even less time to take action on addressing any non-compliances. We see the best outcomes at audit when an RTO has a systematic approach to conducting regular internal audits across its entire operation.

With government funding contracts available across all states and territories it can be difficult for RTOs to keep up to date with the maze of compliance requirements, here are just a few examples of government funding that RTOs can now access across Australia:

VIC – Victorian Training Guarantee (VTG)
NSW – Smart and Skilled
SA – Skills for All
WA – Future Skills Fund
QLD – Certificate 3 Guarantee & User Choice
TAS – Skills Fund & User Choice
ACT – Skilled Capital, PSP & PPP
NT – User Choice & multiple state funding contracts
VET Fee Help
Industry Skills Fund

 

If your RTO is delivering training with access to government funding and wants to take a best practice approach to its management and operation,  you should be conducting an internal audit of your RTOs compliance in-line with the contractual requirements of each government funding contract at least every 12 months.

It is always best to take an holistic approach to conducting internal audits, whereby you systematically review your RTOs policies, procedures, business processes, records, student management system, student files and staff files. Following the audit you should identify any gaps, areas for improvement, strengths and non-compliances. Also, be sure to build an action plan to document any rectification work that may need to be carried out to achieve full compliance.

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