BSBCOM603- Charity Care Compliance Management Systems
Mar 13,23Question:
1.Consider the scenario above in relation to the organisation in which you work. If you do not have an appropriate workplace upon which to base this assessment task, you can use the Charity-Care case study provided.
2.Meet with relevant personnel in your organisation to receive information on:
b.organisational requirements and criteria for the compliance management system.
a.research tasks to be undertaken
b.proposed research methods; including survey tools to gather qualitative and quantitative information on, for example, organisational compliance performance figures, compliance culture, etc.
4.Develop survey tools to capture organisational data.
5.Collect organisational data on compliance performance.
a.internal compliance requirements as described by organisational policy and procedure documents
b.external compliance requirements as described by state/territory regulatory bodies and statutory requirements, and the Australian standards for compliance, records management and risk management
c.industry-specific compliance requirements.
7.For each identified compliance requirement, research the:
a.areas of the organisation most affected by the compliance requirements
b.organisational compliance data, including, for example, financial fraud, accident figures, training numbers, customer complaints, etc.
c.risks involved for non-compliance with requirements
d.penalties for breaching compliance requirements
e.ways of ensuring ongoing compliance with the requirements.
b.compare the identified compliance management options against each other and the established criteria
c.make a recommendation on system components.
a.the type of research undertaken
b.the development of the research plan
c.the development of survey tools to collect required data to select compliance
d.analysis of qualitative and quantitative data.
Answer:
Introduction
Student Name-
Student ID-
Module Name-
Table of Contents
Introduction. 3
Research undertaken. 3
Research plan. 3
Development of survey tools. 4
Analysis of qualitative and quantitative data. 5
Conclusion. 6
Reference List 7
Introduction
A compliance budget addresses most regulatory obligations, although it has been critical to creating a programme and that ought to be available to tackle whatever unexpected circumstances. Using equipment but also future technologies services that assist avoid any unforeseen missteps inside this compliance programme.
Research undertaken
The research was undertaken on the overall budget for the compliance management system of the Charity-Care case study (Beck, Dumay & Frost, 2017). A gathering of pertinent employees in its company had been held to obtain a picture of an overall spending plan for such a quality managerial scheme. Paperwork around an activity timetable for effective implementation, evaluating, and preserving this same scheduled conformance programs scheme has been completed but also distributed to pertinent internally and externally employees. Steps to demonstrate the suggested compliance program, permission was obtained from suitable externally and internally staff or officials.
Research plan
Research philosophy
The researcher utilises positivism research philosophy because it asserts that perhaps such human behaviour could be comprehended objectively (Sevil&Yildiz, 2017). The researcher inside this qualitative approach becomes an unbiased consultant who, upon those grounds of something, disintegrates oneself from personal convictions but is also completely independent.
Research approach Deductive
The research utilised a deductive research approach. Individuals commonly equate scientific inquiry to a deductive methodology to data analysis (Carlisle &Loadsman, 2017). The analyst looks at what’s been completed, interprets previous assumptions about whatever occurrence they could be researching.
Research design
The study utilised explanatory research. Explanatory research has been a study technique that investigates how what happens whenever there is relatively little information. This could help update gaining comprehension of the material, determine what it was that a sociological phenomenon occurs, and forecast potential issues (Park, Konge&Artino, 2020). The explanatory study could indeed sometimes be defined like a “correlation” framework wherein predictors through known information who’ve not heretofore been probed are probed. Only as result, it is frequently seen as correlational.
Data analysis
The study utilised both quantitative and qualitative research analysis methods. Qualitative data analysis methodologies have been intended to unveil this same behaviour but also perceptions about a core demographic in relation to a specific subject matter. In-depth interviews, group discussions, narrative analysis, literature reviews, and case studies were also all basic examples of methodological approaches. The outcomes of qualitative methodologies have been extra informative, but also conclusions could be attracted from information taken very quickly. Qualitative studies have their roots there in psychological literature. Quantitative methodologies emphasise unbiased metrics but also statistical, arithmetic, or quantifiable assessment of information gathered and via elections, interview questions, but also assessments, or through attempting to manipulate or before statistical evidence with machine learning (Ryan, 2018). Quantifiable information would be delineated as information there in the shape of constitutes or figures, among each information developing a separate specific number. Primary information is gathered from all the participants.
Sampling
The study utilised simple random sampling. Simple random sampling has been a form of sample selection wherein a sampling design selection of people involved has been spontaneously selected from such inhabitants. Every additional person does have an equivalent opportunity of becoming chosen. This same information is gathered since as huge a proportion with this randomly selected disjoint as potential.
Development of survey tools
The succeeding study employs a questionnaire survey. The said instrument has been considered to be representative of crucial questionnaire components along with stages to build an efficacious questionnaire. Surveys are popular investigation but also evaluation methods for assessing understanding, abilities, behaviours, but also conceptions in accordance with the desired academic achievement about a new training program. They have been was used to evaluate a voter’s necessities, socioeconomic variables, and widening environments. A maximum of 50 people were polled. Queries that are biased, assume things or could be clearly addressed of a single questionnaire reaction have been prevented. Simple directions including how to accomplish for every segment would then be involved through the questionnaire, but also questionnaire must pose a great in layman’s terms, of arcane aspects characterised as needed. Therefore, include queries about subjects’ individuals “ought to understand.” First queries would be appropriate for this same intent as well as simple to give a response, to its greatest major considerations coming first because participants might well be knackered or rushed by subsequent queries.
Analysis of qualitative and quantitative data regardingcompliance requirements
Internal compliance requirements
Individual states generally require internal compliance metrics for such corporate organisations, such as companies, LLCs, and so on. From within, people have been founded but also imposed either by the firm’s higher management. Although it is firmly recommended that every maintain straightforward but also up-to-date documents of the financial exchanges, along with any pertinent modifications or improvements to benchmarks. Manuscript frameworks but also conformance equipment could indeed help users organise but also encounter one’s inner compliance standards. Internal necessities were also primarily intended to guarantee where a company is operating to honesty even without corrupt practices or some perverting aspects. Several areas of the project, including stock purchases, would also be subject to environmental statutory obligations.
Externalcompliance requirements
The nation throughout has been integrated, as well as the states through even though shows exactly do enterprise, impose changing demands on conglomerates. Australia also requires a quadrennial declaration. A service charge, varying from $10 including over $300, has been usually needed again with submitting among a declaration but rather notify. Companies and LLCs in Australia have been exempted from payment to function, which is known as a franchisors stamp duty. The price can be ascertained by equations categorised into different, including yearly basis taxation or the common shares corporate bond at principal quantity, and therefore is ascertained here by nation gathering this.
Industry-specific requirements
The Occupational Safety but also Health Administration becomes in charge of guaranteeing security regulations throughout all businesses, but instead, those who provide insightful primer sets to help organisations inside those businesses comply.
Conclusion
Because businesses possess stringent compliance obligations, only some objects upon that catalogue should be open to scrutiny, illustrating that the organization takes activity through the essential functions and evaluating those upon the constant schedule.
References
Beck, C., Dumay, J., & Frost, G. (2017). In pursuit of a ‘single source of truth’: from threatened legitimacy to integrated reporting. Journal of Business Ethics, 141(1), 191-205. DOI: https://link.springer.com/article/10.1007/s10551-014-2423-1
Carlisle, J. B., &Loadsman, J. A. (2017). Evidence for non‐random sampling in randomised, controlled trials by Yuhji Saitoh. Anaesthesia, 72(1), 17-27. DOI: https://associationofanaesthetists-publications.onlinelibrary.wiley.com/doi/pdf/10.1111/anae.13650
Park, Y. S., Konge, L., &Artino, A. R. (2020). The positivism paradigm of research. Academic Medicine, 95(5), 690-694. Retrieved from: https://hsrc.himmelfarb.gwu.edu/cgi/viewcontent.cgi?article=1075&context=smhs_hs_facpubs
Ryan, G. (2018). Introduction to positivism, interpretivism and critical theory. Nurse researcher, 25(4), 41-49. Retrieved from: https://oro.open.ac.uk/49591/17/49591ORO.pdf
Sevil, Y. C., &Yildiz, T. O. (2017). Power comparison of the Kolmogorov–Smirnov test under ranked set sampling and simple random sampling. Journal of Statistical Computation and Simulation, 87(11), 2175-2185. DOI: https://www.tandfonline.com/doi/full/10.1080/00949655.2017.1319948
0 responses on "BSBCOM603- Charity Care Compliance Management Systems"