The Victorian Department of Education and Training have released the
suite of 2017 Skills First internal audit tools.
The Victorian Department of Education and Training (DET) have released their suite of internal audit checklists to assist contracted Training Providers to determine that they have the quality systems, processes and resources in place to meet the requirements of the VET Funding Contract in line with the objectives of the Skills First Program.
There are 5 versions of the Internal Audit Checklist which align with the 5 different 2017 VET Funding Contracts. The Department have designed the Internal Audit Checklist with the aim of providing your organisation with a management tool to assist you in complying with the contractual requirements.
All Training Providers with a Victorian 2017 VET Funding Contract must complete an internal audit six months from the commencement date of the Contract. However contracted training providers are strongly encouraged to complete their internal audit as early as possible to ensure they are aware of the contractual requirements and compliant throughout the year.
You can access the 2017 internal audit checklist relevant to your organisation by logging into the departments SVTS portal.
While it is a requirement for all training providers with a Victorian funding contract to complete the internal audit checklist annually, it is considered best practice in the VET Sector to complete an independent internal audit of your RTOs Registration Requirements and all Funding Contract Obligations at least annually. Audit Express recommends that RTOs engage a specialist VET internal auditor that is independent from the day to day operation of your business to complete your RTOs internal audits, and to provide you with independent advice on how to improve your operational, registration and contract compliance.
Need help completing your Skills First Internal Audit Checklist? Contact the experts at Audit Express today.