Course Title: Manage compliance for small businesses
Part B: Course Detail
Teaching Period: Term1 2025
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
Teacher: Paul Rahman
Email:Paul.Rahman@rmit.edu.au
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 framework3 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 includes a range of learning activities to equip you will the knowledge and skills to identify and comply with legal and risk management requirements in a conveyancing business. Inclass learning activities will include:
• class exercises to review discussions/lectorials
• analysis/critique of relevant reading material
• seminars/workshops
• peer learning
• guest lecture/presentation
• class presentations
• group discussion
• research
• independent project-based work
• ‘workshopping’ of student projects including peer/lecturer feedback
Teaching Schedule
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Week 1
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Orientation Week - Introduction to the Unit Meet your tutor and classmates |
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Week 2
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Understanding Fair Trading and Consumer Protection (AT1 Q1) Navigating Safety Standards and ISO Certifications (AT1 Q2) |
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Week 3
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Exploring Codes of Practice in Business (AT1 Q3) Exploring Compliance Resources (AT1 Q4) |
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Week 4
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Key features of compliance management strategies for small businesses (AT1 Q5) Essentials of Compliance Management for Australian Businesses (AT1 Q6) |
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Week 5
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Processes for Developing Effective Compliance Strategies (AT1 Q6) Benefits of a Compliance Management Framework in Small Businesses (AT1Q7) Key Components of a Compliance Management Framework (AT1 Q7) Procedures for Engaging External Expertise in Validating a Compliance Management Framework (AT1 Q8) |
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Week 6
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Validating and Enhancing the Compliance Management Framework: Procedures and Responsibilities (AT1 Q8) The Role of the RACI Matrix in Streamlining Compliance Procedures (AT1 Q8) Keeping Track of Compliance Checks (AT1 Q8) |
Assessment 1 - Knowledge Questions (Due Sunday 11:59 PM) |
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Week 7
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AT2 Template 1 - Understanding Compliance in Small Business Operations AT2 Template 2 - Apply research information to determine relevance to business operations, products and services |
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Week 8
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AT2 Template 3 - Identify risks and potential consequences of non-compliance with regulatory requirements. AT2 Template 4 - Develop Compliance Management Framework |
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Week 9
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AT2 Template 5 - Communication of Compliance Requirements AT2 Template 5 - Schedule and Document Compliance Checks |
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Week 10
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AT2 Template 6 - Actions to address non-compliances AT2 - Discussion & Support |
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Week 11
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AT2 - Discussion & Support |
Assessment 2 - Skills Test (Due Sunday 11:59 PM) |
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Week 12
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Determine compliance obligations and their implications for the business. AT3 Activity 1 (Templates 1-4) |
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Week 13
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Develop strategies to manage compliance requirements AT3 Activity 2 (Template 5) Implement and monitor compliance management strategies AT3 Activity 3 (Template 6) |
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Week 14
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Conduct improvement in compliance management AT3 Activity 4 (Templates 7-8) |
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Week 15
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Conduct improvement in compliance management AT3 Activity 4 (Templates 9-10)
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Assessment 3 (Due Sunday 11:59 PM) |
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Week 16
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Resubmissions Discussion & Support |
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Week 17
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Final re-submissions (Grade entry) |
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Learning Resources
Prescribed Texts
References
Other Resources
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 applicationof learned skills and insights to your written tasks. Full assessment briefs will be provided and can be found on CANVAS.
There are three assessment tasks in this course. Detailed Learner guides, dates and instructions are provided in Canvas.
Assessment Matrix
The detailed learner guides and instructions for each Assessment can be found in Canvas here: https://rmit.instructure.com/courses/143588/assignments
Other Information
Submission Requirements
• Ensure that you submit assessments on or before the due date.
• Always retain backup copies of your assessment tasks.
• 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.
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 youneed to do to improve and will 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. Yoursubmission will be considered by the Program Team 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).
Extensions, Special Consideration and Adjustment to Assessments
Extensions:
Extensions are available for unforeseen circumstances of a short-term nature.
An application form must be submitted to the school at least one working day before the due date of the assessment, submitted to suzanne.bevacqua@rmit.edu.au
Extensions can be approved for a maximum of one week (seven calendar days) past the due date for an assessment. (Where students need an extension exceeding one week they must insteadapply for special consideration.)
Special consideration:
Special consideration is available for unexpected circumstances outside students’ control. These include but are not limited to: unexpected short-term ill health, and unavoidable family, work, cultural or religious commitments.
An application for special consideration is made in advance of an assessment wherever possible but will normally be accepted within five working days after the assessment date
For more information, see the Special Consideration page of the RMIT website.
Adjustments to Assessment:
RMIT provides several adjustments to assessment for students experiencing ongoing or long-term circumstances. Find the right one for your circumstances here.
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
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.
Vocational education grades:
CA - Competency Achieved
NYC - Not Yet Competent
DNS - Did Not Submit for assessment
Other Resources
Online learning materials and all relevant resources are available on Canvas and can be accessed via the RMIT website's Online Learning Hub.
The online learning materials listed include:
• Course outlines
• Power point Presentations
• Supporting Reading material
• Industry relevant articles
• Activities.
Course Overview: Access Course Overview