• Do you know the costs of auditing and compliance management to your organisation?
• Compliance auditing is a complex process that is associated with many different expenses.
• This page has a calculator that you can use to estimate you annual compliance costs.

Some cost centres have been included, but you can add additional fields based on your own unique requirements

	Compliance Cost Centre	Amount (Annual)
1	Human resources
2	Resources - equipment and supplies
3	External auditing costs
4	Post-auditing fixes and updates
5	Annual declaration of compliance - auditing and preparation
6	Compliance tools and software
7	Costs to keep staff compliant with their own Vocational qualifications, Industry qualifications, industry consultation and professional development
8	Review costs for updates to website and marketing materials
9	Updates to policies and procedures
10	Opportunity cost due to some of the following: paper-based systems, wasted time and resources, repetitive manual tasks, lack of automation and single data repository, use of multiple data storage sources that are not interconnected, inefficiences due to limitations of staff in access permissions, delayed reviewd due to lost or difficult to access data, etc.
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Your total annual compliance costs