Australia's export education industry has experienced significant growth of 42% in the 3 years to 2008 to become Australia’s third largest export market. It employs 126,000 people and contributes $26.7 billion to the Australian economy.

Overseas students are now an important revenue source to the education sector, but it comes with some requirements.  All education providers have to demonstrate their compliance with the Education Services for Overseas Students (ESOS) legislative requirements.

Any non-compliance can place your business at risk making it a high priority that your systems and processes satisfy the ESOS legislative requirements.

What is ESOS?

The Education Services for Overseas Students (ESOS Act 2000) and associated legislation is the legal framework governing recruitment and management of overseas students.

Who it affects?

All education providers who want to deliver services to overseas students.

Who it benefits?

ESOS has two key aims, firstly it provides consumer protection for the students by ensuring the quality of services and secondly it acts to protect Australia’s export education market.

About Us:

At Moore Stephens, we take your success personally. Through our work for Victorian Registration & Qualifications Authority and our consulting assignments with education providers, we have gained an understanding of the compliance requirements and can help you to satisfy these requirements.

Our Services:

Moore Stephens offers the following services in relation to ESOS compliance:

• Assessment of your international program for compliance with the ESOS legislative requirements using a risk based approach.
• Advice in respect to how your international program can be structured to make it more efficient and effective in regards to compliance with the legislative requirements.
  

Our Risk Management Division has considerable expertise in all facets of the ESOS legislation. We can assist you and / or your colleagues and staff to weigh up your alternatives to achieve the best outcome in the long-term.

If you have any queries about ESOS legislation, please contact Theresa Glab, Associate Director, on (03) 9614 4444.