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Why RTOs need CAQA for Risk Management

Looking for RTO Risk Management and ASQA Audit Compliance Services? Call on 1800-266-160 and connect with expert ASQA auditors and Consultants to know about ASQA Compliance

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Why RTOs need CAQA for Risk Management

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  1. Compliance And Quality Assurance (CAQA) Address : 2/10 Lawn Court, Craigieburn,VIC 3064 Australia 03-8103-8000 1800-266-160 info@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@caqa.com.au or give us a call at 03-8103-8000. 03-8103-8000 1800-266-160 info@caqa.com.au https://caqa.com.au/ Address : 2/10 Lawn Court, Craigieburn,VIC 3064 Australia

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