The Victorian Department of Education and Training (The Department) has announced that it’s call for expressions of Interest for Skills First 2018-19 VET Funding Contracts will open at 2pm on Friday the 1st of September 2017, and will close on Thursday the 28th of September 2017.
It is understood that applying organisations will be able to apply for either a “Standard” or “Restricted” funding contract, which is consistent with the current 2017 Skills First VET Funding Contracts.
Successful applicants will be offered a 2 year contract, that will be valid throughout the 2018 and 2019 calendar years.
[emaillocker id=6291]The Department has advised that it is hoping to provide applying organisations of their outcome in November 2017.
A suite of information will be published on the The Department’s Skills Victoria Training System (SVTS) when the Call for EOI opens on 1/9/2017, including draft VET Funding Contracts and supporting information to assist providers with completing the application process.
Information sessions will be held in Melbourne, Geelong, Traralgon and Bendigo in the first week of September. Providers can register now via SVTS. Places will be limited to three attendees per training provider.
For more information on how to apply for a Skills First 2018 – 2019 Funding Contract please complete your details on the registration form at the end of this post to attend our FREE WEBINAR on “How to apply for a Skills First 2018 – 2019 Funding Contract“.
The Good News
There is some really good news in this years’ Skills First contract application process, in that the Victorian state government has listened to our feedback and calls for longer contract durations. As already mentioned, successful applicants will be offered a 2 year contract, that will be valid throughout the 2018 and 2019 calendar years. This is a great outcome and will offer quality training providers greater certainty and stability. This will also allow providers to invest in their business to deliver quality training.
It is also really pleasing to hear that the Department will allow training providers up until 16/10/2017 to provide the required financial information, including financials that have been audited by an ASIC Registered Auditor.
Get Your Financials Ready NOW!
The Department has advised that training provider applicants will need to submit their audited financial statements for the two most recently completed full financial years. These financial statements must be accompanied by independent audit reports completed by an ASIC registered auditor. Applicants are encouraged to prepare this documentation as soon as possible. If your organisation has not already started work on this, do not delay – now is the time to start work on this important task.
Learn Local Training Providers that are applying for a restricted contract must have audited financial statements, but will be pleased to hear that they are exempted from the requirement for the auditor to be an ASIC Registered Auditor. That is unless they are applying for a standard contract, in which case Learn Local Training Providers must utilise an ASIC Registered Auditor.
The requirement to submit audited financials is arguably the most challenging part of the application process, and the one sticking point that has seen countless applications rejected over previous years. Having financials audited by an ASIC Registered Auditor is no small task. If your organisation is looking for an ASIC Registered Auditor that is experienced in supporting training providers to apply for VET Funding Contracts, please get in touch and we will happily introduce you to one of our reputable contacts.
The To Do List
Register online at eduweb.vic.gov.au/svts/Events to attend the Department’s 2018 Provider Selection Process Information Sessions. These sessions are targeted towards training providers that are considering lodging an expression of interest for a Skills First 2018-19 VET Funding Contract
Continue to monitor SVTS daily for further updates and announcements throughout the application process
Register your details on the form below to attend our FREE LIVE WEBINAR on Monday 4th September where we will unpack the Skills First contract for you and discuss what is involved in the application process, or click on the following link if the form below isn’t working on your device: https://attendee.gotowebinar.com/register/6372504797326981891
Contact the team at Audit Express if you have any questions, or require support completing your application
[vc_row][vc_column][vc_column_text]The team at Audit Express are proud to be teaming up with our friends from Community Colleges Australia (CCA) to sponsor their upcoming Community Education Conversations Professional Development and Networking Event, which is to be held in Melbourne on Friday 12th May 2017.
There is an action packed agenda with a range of topics to be covered including:
– Setting the scene: Julie Neeson, Southern Grampians Adult Education and Community College, Hamilton
– Auditing in the new age – a presentation by Audit Express
– Update on Skills First, by a representative of the VIC Department of Education and Training
– Community RTOs in Victoria: History, Scope, Scale, Success Factors and Prospects, By Dr Kaye Bowman, former Director of Research at NCVER and VET consultant
– Foundations Skills Training Package: where are the consultations up to? Have your say – a session with Tim Rawlins, PwC Skills for Australia
– What you need to know about the Commonwealth’s new VET Student Loans program, even if you will never use it
– Community education providers and local and regional economic development roundtable discussion – come prepared to share your experiences
– A new national community education infrastructure program – what’s happened since the last one in 2009?
The Victorian Department of Education and Training have released the
suite of 2017 Skills First internal audit tools.
[/vc_column_text][/vc_column][vc_column][vc_column_text]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 independentinternal 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.
The Victorian Government has opened expressions of interest for the new VET Funding Contract Skills First: Real training for real jobs. The application process for a funding contract in 2017 has changed significantly, and the Department requires a more comprehensive and detailed application.
Audit Express is running a number of informative webinars for Registered Training Organisations who wish to apply for the 2017 Skills First contract.
Our first webinar is on Friday 9th September 2016 and is free. It will cover the essentials about the Skills First application process and attendees will also receive a free factsheet to assist them with finding the right documents and information to assist in the application process.
Our website will also have the latest information and updates on the Skills First contract and we encourage you to visit our website regularly.
Should your organisation require any assistance with the applicaiton process, please do not hesitate to contact us directly on 1300 73 55 41 [/vc_column_text][/emaillocker][/vc_column][vc_column el_styling=”softshadow”][vc_column_text css_animation=”left-to-right”]
Skills First – Application Process: The Essentials
FREE – 30 Minutes
This webinar will briefly explore all the essential elements of what is required for the application process for the 2017 Victorian Skills First funding contract.
The 2017 Funding Contract for Victoria has introduced a range of changes to the application process and requires Registered Training Organisations to provide more information on the type of contract they want to apply for, the number of students they intend to commence, how they propose to deliver their training programs and who will be delivering the training for them.
After this short 30 minute FREE webinar, participants will also receive a free fact sheet on the essential elements of the application process, and where to start.
WHEN Friday, 9 September 2016 from 10:00 AM to 10:30 AM (AEST)
Skills First – Application Process: Developing the Program Delivery Plan
Webinar – 1.5 Hours
The application process for the 2017 Skills First Contract in Victoria requires Registered Training Organisations to develop a Program Delivery Plan (PDP) and provide these details in the expression of interest.
Registered Training Organisations must ensure they provide clear and accurate details in the PDP which reflect quality provision of training and assessment which meet a number of criteria.
This webinar will go through the process of what information is required in the PDP, how to fill it out and take a best practice approach to designing Program Delivery Plans that accurately reflect your organisations Training and Assessment Strategies and practices.
WHEN Tuesday, 13 September 2016 from 2:00 PM to 3:30 PM (AEST)
Unpacking the Skills First Regional Jobs and Training Needs Reports
Webinar – 1 Hour
This webinar will explore the Jobs and Training Needs Reports which will provide vital information required in the application process for the Skills First expressions of interest.
Registered Training Organisations are required to demonstrate that they will be delivering training that meets industry skills needs and support government priorities. The Jobs and Training Needs Reports provide detailed information for each of the regions and this webinar will assist atendees with:
-Finding the right documents
-Understanding what data can be found
-How to apply the data in the application process
-Using the data to inform future business growth
Attendees will also receive a factsheet on the Jobs and Training Needs Reports.
WHEN Wednesday, 14 September 2016 from 2:00 PM to 3:30 PM (AEST)
SKILLS FIRST | Real training for real jobs | Victoria’s new training system
Skills First | a new training system and funding model for Victoria.
The Victorian Minister has announced Skills First – a new training system and targeted funding model for Victoria in 2017.
What do we know so far?
The new system seems to be very focussed on [emaillocker id=6291] TAFE providers and boosting training and employment in regional Victoria. The new system prioritises courses that support Victoria’s growth sectors and are most likely to get people into high-skilled, well-paid work.
Under the Skills First system, the Victorian Government will continue to invest $1.2 billion annually in the training and workforce development of Victorians.
The system will be focussed on supporting quality training providers. It is expected that many training providers with a poor track record of funding contract compliance and student satisfaction will not receive a funding contract in 2017.
A six stage process was taken to define the funded courses list.
Application Process
The Department have announced that the call for expression of interest (EOI) for a 2017 VET Funding Contract will open on 1 September 2016.
The Department will run a series of information sessions across Melbourne and regional Victoria from 1-8 September 2016. The information sessions are already open for registration via SVTS.
The call for expression of interest documentation and Draft 2017 VET Funding Contracts will be published on SVTS and the Department of Education and Training website on Tuesday 30 August 2016.
The information sessions are expected to provide a brief overview of the Skills First reforms to the VET system, explain the 2017 VET Funding Contract and outline the provider selection process.
The Department have advised training providers that CEOs, managing directors and operations managers are encouraged to attend these sessions. The Department have set a limit that a maximum of 3 representatives can attend the information session per training provider.
2017 Funded Course List
The Department have already released the 2017 Funded Course List.
There are 500 less courses on the 2017 list than in 2016, however it is noted that a number of the courses removed are superseded qualifications.
The courses are still to be subsidised per nominal hour, and the Department have defined four Delivery Characteristics that will be used to determine whether funding is available for a particular delivery mode(s), and the amount of funding that will be available per nominal hour for each delivery mode(s).
The four Delivery Characteristics are:
Non Apprenticeship/Traineeship
Traineeship
Apprenticeship
Apprenticeship Only (AO); or Traineeship Only (TO)
A number of courses have been determined as High Risk. It is expected that training providers delivering courses that the department have determined as high risk will be more scrutinised.
A number of courses that link to the Victorian Governments objectives and growth sectors have been determined as High Value Traineeships. It seems that the delivery of high value traineeships will be funded at a higher rate per nominal hour as an incentive to attract more training to be delivered in these target courses.
The updated course list has 500 less funded courses than the 2016 funded courses list. That is a 30% cut to the total number of funded courses.
Is this good or bad for your RTO or TAFE?
We will not know what the 2017 contract means for Victorian training providers until we review the 2017 draft contract, eligibility criteria, fee guidelines and detailed application process when they are released via SVTS on 30/08/2016. The devil is always in the detail. We are eagerly waiting to see the draft 2017 contract and eligibility criteria that will tell us which training providers are eligible for a 2017 contract.
Want to apply for a Victorian Funding Contract for 2017?
If you have any questions or would like assistance preparing your application for a 2017 Funding Contract contact Audit Expresson 1300 73 55 41. [/emaillocker][/vc_column_text][/vc_column][/vc_row]
What we know so far
