TQCSI Auditor Training

PAYMENT & EXPENSES

TQCSI Auditor Training

Who & When?

• applies to all Audit team members, including technical specialists

• from 1 July 2013.

TQCSI Auditor Training

Payment Philosophy

•A rate of $168K per annum is generous for an experienced auditor

•A rate of $120K per annum is more than generous for a 9.00-5.00 job!

TQCSI Auditor Training

Manday Rate

• Provisional Auditors - $440

• Auditors - $550

• Lead Auditors - $660

• Senior Lead Auditors - $770

• Audit Team Leaders - $770.

TQCSI Auditor Training

Part Mandays

• half day audits attract half of the rate

• where an hourly rate is charged – the rate will be $82.50 per hour.

TQCSI Auditor Training

Expenses Philosophy

•Not an income stream – only out of pocket expenses to do the job

•Auditor commitment - one hour travel to and from work (the client)

•Provide own lunch & live normally

•No admin fee added!

TQCSI Auditor Training

Expenses Are Hated!

•Don’t under-estimate how much expenses are despised by clients

•Often considered worse than auditing fees, particularly if they are unreasonable

• If no expenses, auditor has a greater chance of retaining that client.

TQCSI Auditor Training

Types Of Expenses

1.Capital City Travel

2.Regional Travel

3.Travel Time

4.Flight Time

5.Meals & Incidentals.

TQCSI Auditor Training

Capital City Travel

• covers expenses for car, including fuel, tolls, parking & temporary sites

• Ade, Per, Can, Dar & Hob = $38.50

• Syd, Mel & Bri = $55.00

• per manday per auditor’s car

• doesn’t apply if car not used.

TQCSI Auditor Training

Regional Travel

• also covers expenses for car, including fuel, tolls, parking & temporary sites

• travel outside the Capital City boundaries

• 77 cents per km (higher than ATO rate)

• for the auditor’s car only

• a hire car may be used in lieu.

TQCSI Auditor Training

Hire Cars & Taxis

If an auditor uses a hire car, taxis, trains or trams, there is no Capital City Travel or

Regional Travel (per km) reimbursement!

TQCSI Auditor Training

Travel Time

• reimburses auditors for lost wages (ie travel during business hours)

• $55 per hour (less than the auditor’s commitment each way)

• applicable to Regional Travel only

• does not include travel time deducted from audit time.

TQCSI Auditor Training

Flight Time

• also reimburses auditors for lost wages (ie flights during business hours)

• duration of flight plus one hour

• $55 per hour

• not reimbursed for flight delays.

TQCSI Auditor Training

Travel & Flight Time

• can be negotiated between GM and the auditor prior to the audit

• can easily make TQCSI uncompetitive

• no concurrent Travel Time & Flight Time!

TQCSI Auditor Training

Meals & Incidentals

• if overnight accommodation, breakfast and dinner at cost

• groceries at cost in lieu of meals

• no lunches, alcohol, snacks & mini bars

• taxis fares at cost.

TQCSI Auditor Training

General

• Office must approve and arrange flights, accommodation & hire cars

• economy class flights

• 3 or 4 star accommodation.

TQCSI Auditor Training

Claims

• TQCSIF-329 is to be forwarded with the Invoice and Audit Report to the Office

• invoices settled 30 days after receipt

• once invoices are sent to the client – no further expenses can be claimed

• copies of receipts to Office with Auditor Notes.

TQCSI Auditor Training

Cancelled Audits

• may be 50% if within 14 days and 100% if within 2 days (Rules of Certification)

• auditors may get all cancellations fees up to expected income

• auditors paid within 30 days of invoice

• GM may negotiate cancellation fees with auditors to save the client!

TQCSI Auditor Training

Thank You