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The Education and Training portfolio is responsible for assisting the Australian Government to undertake a national leadership role in education, including early childhood, schools, tertiary, skills training and international education. It also includes the evidence-based policy development that supports this national role.
Read an overview of the Education and Training portfolio including details of key activities, expenses and staffing levels. The audit focus section outlines the influences on the ANAO’s allocation of financial audit resources and the selection of performance audit topics and other activities. Also included is a list of material and non-material entities within the portfolio with their corresponding risk profile and key risks. Any risks that are considered key audit matters (KAMs) by the ANAO are separately identified.
This audit would examine the design and administration of the Trade Support Loans program, and whether the program has achieved its objective of increasing completion rates among Australian apprentices in priority trades. Trade Support Loans (of up to $20,808) were established in 2014, with a budget allocation of $1 billion over the period 2015–16 to 2019–20.
The audit would examine whether the objectives of the program are being met.
This audit would examine the effectiveness of the Tertiary Education Quality and Standards Agency’s (TEQSA’s) regulation of the higher education sector. The audit would focus on TEQSA’s quality assurance of higher education institutions and ability to address student concerns about quality in service provision.
TEQSA was established in July 2011 to safeguard student interests and the reputation of Australia’s higher education sector by assuring the quality of higher education providers. A new Higher Education Standards Framework commenced on 1 January 2017, which has a strong student focus while supporting TEQSA’s risk-based approach in performing its functions.
The Australian National Audit Office (ANAO) publishes two reports annually addressing the outcomes of the financial statement audits of Australian government entities and the Consolidated Financial Statements (CFS) of the Australian Government, to provide the Parliament of Australia with an independent examination of the financial accounting and reporting of public sector entities. This report will focus on the results of the interim audit phase, including an assessment of entities’ key internal controls, of the 2018–19 financial statements audits of a range of entities including all departments of state and a number of major Australian government entities.
The objective of this audit is to assess the effectiveness of the administration of Aboriginal and Torres Strait Islander employment targets in government procurement contracts and intergovernmental funding agreements in achieving policy objectives.