Establish, Monitor and Review Plan

Assessment Task 3- Establish, monitor and review plan
Name of the Student
Name of the University
Author note

A
Table of Contents
EXECUTIVE SUMMARY........................................................................................................2
PERSONNEL..................................................................................................................... 3
PROCESSES..................................................................................................................... 4
A complaints management system.....................................................................................4
A strategy for developing a compliance management culture.............................................5
Processes and procedures for identifying and managing compliance breaches, including
integration with existing policies and procedures................................................................7
ADMINISTRATION............................................................................................................. 8

2
EXECUTIVE SUMMARY
The report is aiming to achieve an objective to train assigned managers and
operations personnel. Moreover, the report will keep a record of external consultant
meeting with the managers and operations personnel involved in the implementation
process to monitor, review and establish the compliance management system.
First of all, to establish a compliance system, one has to consider certain steps
which need to be taken to implement the system. Elements like personnel, training,
processes and administration will be taken into account. Afterwards, this report will
describe the methods and approaches used to monitor performance of the system,
review and evaluate the implementation of the compliance management system,
analyse relevant qualitative data.
The report will present at last a student checklist for training/coaching table as well
as an established, monitor and review plan. There are expectations from the training
of trainees and how they perform are presented. Some staffs sill need further training
in terms of compliance.

3
1. ESTABLISHMENT OF SYSTEM
Describe steps taken to implement the system.
1.2 PERSONNEL
 A team leader and at least one employee to work in a separate office with
adequate office equipment
 To establish arobust compliance system by learning all related external
legislations, industry regulations and company policy.
 Meet with all managers as well as all staffs to introduce about the system.
Name all the managers that are required to be trained
 To establish a thorough job description for their team staffs by meeting and
help compliance manager monitor the progress of implementation in different
departments.
1.2 TRAINING
Training should include all policy learnings listed as below:
o Taxation
o financial reporting
o WHS
o asset management and security
o cash handling – misappropriation of funds
o recordkeeping – confidentially of records
o fraud
o ethics
We will consider the following while determining the training needs: