Course Title: Manage compliance for small businesses
Part B: Course Detail
Teaching Period: Term1 2024
Course Code: BUSM8906C
Course Title: Manage compliance for small businesses
School: 525T Business & Enterprise
Campus: City Campus
Program: C4421 - Certificate IV in Entrepreneurship and New Business
Course Contact: Theresa Lyford
Course Contact Phone: +61 3 9925 5444
Course Contact Email: theresa.lyford@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Sukant Arora
Nominal Hours: 60
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
Nil
Course Description
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.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBESB405 Manage compliance for small business |
Element: |
1.Determine compliance obligations |
Performance Criteria: |
1.1 Research internal and external compliance requirements and relevant Australian and international standards 1.2 Research codes of practice and material that interprets obligations and legislative requirements 1.3 Apply research information to determine relevance to business operations, products and services 1.4 Document compliance requirements, risks and consequences of possible breaches applicable to own business |
Element: |
2.Develop strategies to manage compliance requirements |
Performance Criteria: |
2.1 Draft compliance management framework, prioritising areas where breaches have critical implications for the business 2.2 Validate draft compliance management framework using external expertise and/or sources of advice according to workplace procedures 2.3 Allocate responsibilities for compliance functions according to compliance management framework and workplace procedures |
Element: |
3.Implement and monitor compliance management strategies |
Performance Criteria: |
3.1 Select interval between cyclical compliance checks according to compliance management framework 3.2 Communicate compliance requirements to required people 3.3 Record timing and outcomes of compliance checks according to business requirements and workplace procedures 3.4 Take action to address non-compliances according to compliance management framework and confirm that non-compliances have been resolved |
Element: |
4.Conduct improvement in compliance management |
Performance Criteria: |
4.1 Review outcomes of compliance checks to identify operational problems 4.2 Analyse non-compliances to determine modifications required 4.3 Update compliance management strategies based on information analysed 4.4 Communicate changes in compliance management strategies to relevant people |
Learning Outcomes
On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.
Details of Learning Activities
This course will be delivered via our existing learning management system, Canvas.
Classes in each of your units will still take place in their normal scheduled time slots; your teacher will utilise the Collaborate Ultra platform to deliver ‘live’ online classes. These classes delivered online will not only provide you with the required learning materials for those sessions, but they will also enable interactions with your teachers and fellow students via forums or discussion boards.
A range of learning activities is planned for this course, including self-paced and discussion activities. The self-paced activities will be delivered through various technology platforms and may include your contribution to discussion threads, quizzes and interactive sessions.
The collaborative activities will include group discussions, group problem-solving activities and opportunities to practice your skills in a simulated/real workplace environment. We expect you to participate and contribute to all scheduled learning activities.
Teaching Schedule
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Week 2 19-25 Feb |
Identify legal and risk management requirements relating to business |
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Week 3 26 Feb - 3 Mar |
Mitigate business risks |
Practice Quiz |
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Week 4 4-10 Mar |
Negotiate and arrange contracts |
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Week 5 11-17 Mar |
Assessment 1 Workshop |
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Week 6 18-24 Mar |
Determine compliance requirements |
Assessment 1 - Knowledge Questions Due |
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Week 7 25-31 Mar |
Identify and select relevant compliance management system |
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Mid-semester break (Friday to Friday, includes Easter) 29 March - 7 April 3 April: Census date for Semester 2 | ||||||
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Week 8 8-14 Apr |
Assessment 2 Workshop (Part-1) Plan and document required compliance management system |
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Week 9 15-21 Apr |
Assessment 2 Workshop (Part-2) Assessment 2 Q&A |
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Week 10 22-28 Apr |
Comply with regulations affecting the business |
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Week 11 29 Apr-5 May |
Facilitate continuous improvement of compliance management system |
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Week 12 6-12 May |
Assessment 3 Workshop |
Assessment 2 - Skills Test Due. |
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Week 13 13-19 May |
Assessment Q&A |
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Week 14 20-26 May |
Course Wrap-up |
Assessment 3 - Workplace Simulation Due. |
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Week 15 27 May -2 June |
Feedback re-sits and re-submissions |
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Week 16 3-9 June |
Final re-submissions (Grade entry) |
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Week 17 10-16 June |
Final re-submissions (Grade entry) |
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Learning Resources
Prescribed Texts
References
Other Resources
There is no prescribed text or reference material in this course. Resources are supplied in Class and online.
Submission Requirements
- Ensure that you submit assessments on or before the due date.
- Always retain a copy of your assessment tasks. (hard copy and soft copy)
- When you submit work for assessment at RMIT University you need to use the Assessment task document that includes a declaration and statement of authorship.
- Each page of your assessment should include a footer with your name, student number, the title of the assessment, unit code and title and page numbers.
Overview of Assessment
Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral/written presentations and through the application of learned skills and insights. Full assessment briefs will be provided and can be found on CANVAS.
Assessment Tasks
Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral presentations and through the application of learned skills and insights to your written tasks. Full assessment briefs will be provided and can be found on CANVAS.
Assessment Matrix
There are a total of three assessments. To be deemed competent in the unit, all three assessment tasks must be completed satisfactorily.
The assessments must be uploaded to Canvas in PDF / Word format by the due date/time.
Assessment Task 1 (Take home): Knowledge Questions
Due: Week 6 Sunday, 11:59 PM
- Instructions/Guidelines such as word-limit, what is expected, example answer etc., have been given to each question.
- The student must complete this task individually.
- The student's answers must demonstrate understanding and application of relevant concepts and critical thinking.
Assessment Task 2 (Take home): Skills Test
Due: Week 12 Sunday, 11:59 PM
This assessment task requires you to develop, implement, and monitor the effectiveness of strategies for managing the different compliance requirements for a small business. This includes:- Analysing small business operations to identify compliance requirements and their implications for the business
- Developing compliance strategies that address regulatory and legislative requirement
Assessment Task 3 (Take home): Workplace Simulation
Due: Week 14 Sunday, 11:59 PM
For this assessment task, you will be required to develop, implement, and monitor the effectiveness of strategies for managing at least three (3) different compliance requirements for a small business. This includes:
- Analysing small business operations to identify compliance requirements and their implications for the business
- Developing compliance strategies that address regulatory and legislative requirements
Resubmissions (VET Programs)
If you are found to be unsuccessful (Not satisfactory/Unsatisfactory) in a Course Assessment Task, you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to improve and set a new deadline for the resubmission.
If you are still not meeting the assessment requirements, you must apply to your Program Manager in writing, outlining the steps you will take to demonstrate competence in your course. The Program Team will consider your submission, and you will be advised of the outcome as soon as possible.
Penalties for Late Submission
Late submissions of assignments without special consideration or extension will automatically be considered a re-submission (see above).
Other Information
Student support
Your first point of contact for any support needs with your assessments should be your teacher and assessor. If you require further help, you should consider contacting the following support services at RMIT Student Support.
Assessment adjustments
Students requiring support or adjustments for their formal assessment tasks should contact Equitable Learning Services (ELS) for more information on the types of adjustments provided and access RMIT adjustments to assessment.
Extension of time
If you require an extension of time to submit an assessment task, you can apply for an extension of time by completing the form at this link and then emailing it together with your supporting documentary evidence to theresa.lyford@rmit.edu.au
You will be advised of the outcome of your application within 1 business day. Please ensure you read the general information about extension applications before you apply.
Special consideration
If unexpected circumstances affect your ability to complete an assessment, you can apply for special consideration. For more information, access RMIT special consideration.
Changes to the Assessment Scheme
Where a change to assessment approved by the dean/head of school changes an assessment due date, students will be given at least five working days’ notice of the new due date.
Feedback
You can expect to receive marks and feedback on in-course assessment work in time to improve your performance in related assessment tasks later in the course.
Academic Integrity and Misconduct
Students demonstrate academic integrity in their assessment practices by:
- engaging with assessment activities in an honest way.
- providing accountability for the authorship and originality of work submitted.
- acknowledging the work of others and the re-use of original work.
Academic misconduct is addressed in accordance with the Student conduct policy
Assessment involving research with human participants, their information or their tissue, or animal subjects is carried out in accordance with the Staff ethics and integrity policy.
For further information see the Academic Integrity website.
Review and Appeal
A student may request a review of an assessment result or appeal a final course grade in accordance with the Conduct of assessment and appeals section of the Assessment Processes.
Grade Criteria
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
The following grades are available for this course.
CA - Competency Achieved
NYC - Not Yet Competent
DNS - Did Not Submit for assessment.
Course Overview: Access Course Overview