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BSBCOM603_TASK1 STUDENT: Xiaolun LIU (14303)Part 1 – Research planCharity-Care is based in Brisbane and is a public company that is limited by guaranteeunder the Corporations Act 2001. It is registered as a charity under the Collections Act1966. The organization has grown quickly to its current size from its single centeropening just two years ago. Then, this report is conducting research into and proposingan appropriate compliance management system for the company.The followings outline the tasks need to be undertaken:Research internal and external compliance requirementsInformation security and risk managementAnalyze qualitative and quantitative information to evaluate compliancemanagement optionsPrepare a report for senior management identifying an appropriate compliancesystem for the organization.Research methods:Literally, compliance might be defined as certification or confirmation that the doer of anaction or the manufacturer or suppliers of a production, meets the requirements ofaccepted practices, legislation, prescribed rules and regulations, specified standards, orthe terms of a contracts.Compliance cannot be viewed as a separate department or activity, but should bealigned with all of the strategies, objectives and activities of an organization. Goodcompliance is necessary and must be reflected in every aspect of the organization’sculture.Following are some proposed research methods: Assess the Board, Management and Staff of understanding the relevance andapplication of obligations and responsibilities, in terms of awareness,communication and training program,Assess risk assessments and risk treatment plans,Identifying and mitigating areas of risk exposure that could arise from non-compliance, such as the gap analysis,Assess organizational compliance framework performance,Review reports related of compliance systems, legislative changes andcompliance breaches,Review results of training programs have developed.1
BSBCOM603_TASK1 STUDENT: Xiaolun LIU (14303)A plan and budget for conducting the research:PlanDescriptionTimeframeBudgetInformation collectionInternal compliance information collection,External compliance requirements collection.ImmediateexecutionInformation security and risk managementDoing it while staying in compliance with all applicable laws and regulations is another.During 2 weeksFollowing expenses policyInformation analysisAnalyze qualitative and quantitavite information,Evaluate the compliance management measurements.Within 3 weeksReportingIdentify a feasible compliance system for the company.Within 3 weeksFollowing expenses policyPart 2 – Written report1.Introduction1.1 Introduction of Charity-CareCharity-Care is based in Brisbane and is a public company that is limited by guaranteeunder the Corporations Act 2001. It is registered as a charity under the Collections Act1966. The organization has grown quickly to its current size from its single centeropening just two years ago.