bsbcom 603 task 1.docx - Plan and establish compliance...

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Plan and establish compliance management systems Research plan Charity-Care is based in Brisbane and is a public company that is limited by guarantee under the Corporations Act 2001. It is registered as a charity under the Collections Act 1966. The organization has grown quickly to its current size from its single center opening just two years ago. Then, this report is conducting research into and proposing an appropriate compliance management system for the company. The followings outline the tasks need to be undertaken: Research internal and external compliance requirements Information security and risk management Analyze qualitative and quantitative information to evaluate compliance management options Prepare a report for senior management identifying an appropriate compliance system for the organization. Research methods: Literally, compliance might be defined as certification or confirmation that the doer of an action or the manufacturer or suppliers of a production, meets the requirements of accepted practices, legislation, prescribed rules and regulations, specified standards, or the terms of a contracts. Compliance cannot be viewed as a separate department or activity, but should be aligned with all of the strategies, objectives and activities of an organization. Good compliance is necessary and must be reflected in every aspect of the organization’s culture. Following are some proposed research methods: Assess the Board, Management and Staff of understanding the relevance and application of obligations and responsibilities, in terms of awareness, communication and training program, Assess risk assessments and risk treatment plans, 1
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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 and compliance breaches, Review results of training programs have developed. The development of research plan: Plan Description Timeframe Budget Information collection Internal compliance information collection, External compliance requirements collection. Immediately Information security and risk management Doing it while staying in compliance with all applicable laws and regulations is another. During 2 weeks Following expenses policy Information analysis Analyze qualitative and quantitavite information, Evaluate the compliance management measurements. Within 3 weeks Reporting Identify a feasible compliance system for the company. Within 3 weeks Following expenses policy The development of survey tool to collect data to select compliance: : The following three principals were followed in developing this compliance selected: 2
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Compliance programs must be relevant and proportionate to the importance of their desired outcomes.
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