Application

This unit describes the skills and knowledge required to develop and implement strategies for managing compliance obligations for small businesses. The unit requires broad knowledge of regulatory and legislative requirements used when developing these strategies.
The unit applies to those establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
No licensing, legislative or certification requirements apply to this unit at the time of publication.

What You'll Learn

Assessment Requirements

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:
• develop, implement, and monitor the effectiveness of strategies for managing at least three different compliance requirements for a small business.
In the course of the above, the candidate must:
• analyse small business operations to identify compliance requirements and their implications for the business
• develop compliance strategies that address regulatory and legislative requirements.

Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
• Australian and international standards, legislation, regulations, industry and organisational codes of practice specific to small business described in performance evidence
• external professional, industry based and government sources of advice and expertise
• key features of compliance management strategies relevant to small business
• methods for carrying out compliance checks and developing compliance strategies
• key components of compliance management frameworks
• workplace procedures for
• accessing external expertise and advice
• validating compliance management framework
• allocating responsibilities for compliance functions within business
• recording timing and outcomes of compliance checks.

Assessment Conditions

Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
• Australian and international standards, laws, regulations, industry and organisational codes and standards relating to business described in performance evidence
• business technology
• workplace documentation and resources relevant to performance evidence.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.

Foundation Skills

• {'skill': 'Reading', 'description': 'Identifies, analyses and evaluates information to determine legislative and regulatory requirements, trends and outcomes'}
• {'skill': 'Writing', 'description': 'Researches, plans and prepares documentation using format and language appropriate to context, organisational requirements and audience'}
• {'skill': 'Oral communication', 'description': 'Presents information and seeks advice using language appropriate to audience; Participates in discussions using listening and questioning to elicit advice and to clarify or confirm understanding'}
• {'skill': 'Numeracy', 'description': 'Calculates numerical information relating to compliance obligations'}
• {'skill': 'Self-management', 'description': 'Develops, monitors and modifies workplace procedures according to legislative requirements and organisational goals; Selects and uses appropriate conventions and protocols when seeking and/or sharing information; Uses systematic, analytical processes in setting goals, gathering relevant information, and identifying and evaluating options against agreed criteria'}
• {'skill': 'Planning and organising', 'description': 'Plans, organises and implements work activities of self and others that ensure compliance with organisational policies and procedures, and legislative requirements'}

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