Why RTOs Need CAQA for Risk Management - PowerPoint PPT Presentation

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Why RTOs Need CAQA for Risk Management

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The RTO must develop a Risk Management Framework designed to manage volatility and your RTO's performance. Contact us to learn more about risk management within your RTO. – PowerPoint PPT presentation

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Title: Why RTOs Need CAQA for Risk Management


1
Compliance And Quality Assurance (CAQA)
Address 2/10 Lawn Court, Craigieburn,VIC 3064
Australia
03-8103-8000 1800-266-160 info_at_caqa.com.au
2
Why RTOs need CAQA for Risk Management?
  • Risk management is the routine task of an RTO
    manager regardless of its size. And, having
    worked closely with many RTO, we know how
    important it is for an RTO to concentrate on
    other tasks. Hence, it is crucial to identify and
    manage risk upfront before anything happens.
  • While assessing the registration applications and
    monitoring the RTO compliance, ASQA uses a risk
    assessment approach based on the Risk Assessment
    Framework set in section 190 of 'National
    Vocational Education and Training Regulator Act
    2011.

3
Audits and Risk Management
4
  • The Risk Assessment Framework sets out the
    process for ASQA in making decisions about the
    following
  • Assessing and responding to the risk of
    non-compliance by applicants against the VET
    Quality Framework.
  • Assessing and responding to the risk of
    non-compliance by RTOs against the VET Quality
    Framework, and
  • Monitoring the compliance of RTOs against the VET
    Quality Framework.

5
What CAQA does for you?
  • CAQA Audit and Risk Management service will offer
    you the following
  • Advice on the risk assessment process
  • Advice on risk indicators such as performance
    risk indicators that contribute to the risk
    rating
  • Advice on Financial risk indicators that are of
    financial viability
  • Advice you on Governance risk indicators, i.e.,-
    Quality of business planning- Transparency of
    ownership- Management structure- Skills and
    experience of senior officers and directors
  • Advice on Supplementary risk indicators such as-
    The scope of the registration application- The
    delivery of training that leads to a licensed or
    regulated outcome- The RTO delivering training
    to overseas students studying in Australia- The
    RTO having multiple sites- The delivery of
    training offshore- Partnering or subcontracting
    arrangements- The RTO accepting fees in advance
    from students- The RTO delivering training to
    students under the age of 18- The mode of
    delivery- Compliance with and value of
    government training contracts.

6
If you would like help with RTO Audit and Risk
Management services or setting up a practical
risk management approach in your RTO, or
discussing any other matter related to your RTO
functioning, please contact CAQA -
info_at_caqa.com.au or give us a call at
03-8103-8000.
03-8103-8000 1800-266-160 info_at_caqa.com.au https
//caqa.com.au/
Address 2/10 Lawn Court, Craigieburn,VIC 3064
Australia
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