BSBESB305 Address Compliance Requirements for New Business Ventures WRITTEN ASSESSMENT Unit of Competency in Investigative Services BSBESB305 Address compliance requirements for new business ventures Student Name This unit describes the skills and knowledge required to source advice and specialist services to assist in addressing business compliance relating to regulatory, taxation and insurance requirements The unit applies to those establishing a business providing self employment, as well as those establishing a new venture as part of a larger organisation A person working at this level would be expected to take responsibility for organising and completing tasks assigned to them without close supervision This unit forms part of the licensing requirements for people engaged in investigative services in some states and territories For further information, check with the relevant regulatory authority In order to prepare for your assessment of this unit of competency you must read and understand the subject matter relevant to the unit and also develop an understanding of the principles of investigations by reading and researching the recommended texts such as the ASSI Training and Resource Manual and Investigating Made Simple by Garry Maher It is recommended that you extend your preparation to appropriate websites, industry journals and forums STUDENT INSTRUCTIONS Provide thorough answers If you express a view, explain why you derived it Answer all questions Use a computer Assessments written in pen will not be accepted Contact your assessor if you do not understand a question Whist your assessor cannot tell you the answer, the assessor may be able to re word the question for you QUESTIONS Thinking about setting up your new private investigation business, why would you need to register your business What licences do you need to conduct an investigation business in the state you are residing in Identify at least three (3) sources or advisors or specialist services you might need to consult about meeting your business registration and licensing requirements What information can the Australian Taxation Office provide to you to assist in setting up your own business Government provides various business support and information to help set up new business identify some of the services that you can get access to and explain what kind of assistance or service you might need The Canon Principles also known as benchmarks, relate to taxation and are relevant to business Research what the Canon Principles are and provide a brief outline of each of these principles as they apply to a business Whether you work in an investigation agency or whether you have your own business and employ workers, understanding industrial relations is essential What does industrial relations deal with and why should you have a basic understanding of industrial relations Industrial Relations include several principles that deal with relations between employees and employer Research readily available information and give an example of how the following two principles might be applied in the workplace 1 CONSULTATION 2 SECURE EMPLOYMENT A business maintains records and documents that relate to practices and industrial trade obligations Thinking about these three areas that might be addressed in a business, explain why do such records and documents need to be maintained to each of these three areas 1 Plans and objectives, sign off by client investigation budget, anticipated expenses 2 Agreed benchmarks, equipment needs deadline, risks 3 Investigation methods, whether surveillance data access, interviews, accident scene examination In the course of operating your investigation agency you will create and gather a variety of hard copy paper documents and records The retention and storage needs will dictate whether hard copy needs to be converted to digital records or otherwise managed Some of these records will be confidential and some will not and how we manage those can be divided into three groups 1 Records that need to be destroyed 2 Records that have to be retained 3 Records that will be transferred to clients Thinking about managing these groups, please provide two (2) options for each listed above and how that material should be treated A business might undergo an audit usually to check compliance with taxation or regulations Explain the purpose of an audit and what does an auditor look for Thinking about an audit, what are the steps or sequence that an audit would follow from the beginning to its final stage Keep in mind that an audit is essentially an investigation What is a Quality Management System It might relate to a service your business provides Research and set out the steps of such a system Lets assume an audit has been completed and it discovered some non compliance or regulation issues Now think about a Correction Action Plan which is likely to follow specific orderly steps so as to ensure a positive outcome Please provide an outline of such steps of a corrective action plan Research this on the internet As an example, the Victorian Equal Opportunity and Equal Rights Commissions vision is for a fair, safe and inclusive Victoria where every person is respected and treated with dignity This website is available at https www humanrights vic gov au Students in other state jurisdictions should refer to and list the equivalent government body responsible for these areas Please list at least 5 rights with a brief explanation for the following hubs of persons Aboriginal rights Disability rights Racial and Religious rights Older peoples rights Employee and Workplace rights LGBTIQ rights Womens rights Youth rights IMPORTANT NOTE Please Read By uploading this assignment to the ASSI Interface I agree and authorise that the work is my own and understand that an audit record will be maintained of all my work, which is uploaded for future assessment auditing purposes I understand that my instructor will provide feedback to me regarding this assessment and that I can provide follow up comments and answers to achieve competence I am aware of my appeal rights Attachments bsbesb305 add docx

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BSBESB305 Address Compliance Requirements for New Business Ventures WRITTEN ASSESSMENT Unit of Competency in Investigative Services BSBESB305 Address compliance requirements for new business ventures. Student

BSBESB305 Address Compliance Requirements for New Business Ventures WRITTEN ASSESSMENT

Unit of Competency in Investigative Services BSBESB305 Address compliance requirements for new business ventures.

Student Name:

This unit describes the skills and knowledge required to source advice and specialist services to assist in addressing business compliance relating to regulatory, taxation and insurance requirements. The unit applies to those establishing a business providing self-employment, as well as those establishing a new venture as part of a larger organisation. A person working at this level would be expected to take responsibility for organising and completing tasks assigned to them without close supervision. This unit forms part of the licensing requirements for people engaged in investigative services in some states and territories. For further information, check with the relevant regulatory authority. In order to prepare for your assessment of this unit of competency you must read and understand the subject matter relevant to the unit and also develop an understanding of the principles of investigations by reading and researching the recommended texts such as the ASSI Training and Resource Manual and Investigating Made Simple by Garry Maher. It is recommended that you extend your preparation to appropriate websites, industry journals and forums. STUDENT INSTRUCTIONS

Provide thorough answers.
If you express a view, explain why you derived it
Answer all questions
Use a computer. Assessments written in pen will not be accepted
Contact your assessor if you do not understand a question. Whist your assessor cannot tell you the answer, the assessor may be able to re-word the question for you

QUESTIONS

Thinking about setting up your new private investigation business, why would you need to register your business.

What licences do you need to conduct an investigation business in the state you are residing in?

Identify at least three (3) sources or advisors or specialist services you might need to consult about meeting your business registration and licensing requirements

What information can the Australian Taxation Office provide to you to assist in setting up your own business?

Government provides various business support and information to help set up new business identify some of the services that you can get access to and explain what kind of assistance or service you might need.

The Canon Principles also known as benchmarks, relate to taxation and are relevant to business. Research what the Canon Principles are and provide a brief outline of each of these principles as they apply to a business

Whether you work in an investigation agency or whether you have your own business and employ workers, understanding industrial relations is essential. What does industrial relations deal with and why should you have a basic understanding of industrial relations?

Industrial Relations include several principles that deal with relations between employees and employer. Research readily available information and give an example of how the following two principles might be applied in the workplace: 1. CONSULTATION 2. SECURE EMPLOYMENT

A business maintains records and documents that relate to practices and industrial/trade obligations. Thinking about these three areas that might be addressed in a business, explain why do such records and documents need to be maintained to each of these three areas. 1. Plans and objectives, sign-off by client investigation budget, anticipated expenses 2. Agreed benchmarks, equipment needs deadline, risks 3. Investigation methods, whether surveillance data access, interviews, accident scene examination

In the course of operating your investigation agency you will create and gather a variety of hard copy paper documents and records. The retention and storage needs will dictate whether hard copy needs to be converted to digital records or otherwise managed. Some of these records will be confidential and some will not and how we manage those can be divided into three groups: 1. Records that need to be destroyed 2. Records that have to be retained 3. Records that will be transferred to clients Thinking about managing these groups, please provide two (2) options for each listed above and how that material should be treated.

A business might undergo an audit usually to check compliance with taxation or regulations. Explain the purpose of an audit and what does an auditor look for?

Thinking about an audit, what are the steps or sequence that an audit would follow from the beginning to its final stage. Keep in mind that an audit is essentially an investigation

What is a Quality Management System? It might relate to a service your business provides. Research and set out the steps of such a system

Lets assume an audit has been completed and it discovered some non-compliance or regulation issues. Now think about a Correction Action Plan which is likely to follow specific orderly steps so as to ensure a positive outcome. Please provide an outline of such steps of a corrective action plan. Research this on the internet.

As an example, the Victorian Equal Opportunity and Equal Rights Commissions vision is for a fair, safe and inclusive Victoria where every person is respected and treated with dignity. This website is available at https://www.humanrights.vic.gov.au/

Students in other state jurisdictions should refer to and list the equivalent government body responsible for these areas. Please list at least 5 rights with a brief explanation for the following hubs of persons

Aboriginal rights
Disability rights
Racial and Religious rights
Older peoples rights
Employee and Workplace rights
LGBTIQ rights
Womens rights
Youth rights

IMPORTANT NOTE

Please Read: By uploading this assignment to the ASSI Interface ? I agree and authorise that the work is my own and understand that an audit record will be maintained of all my work, which is uploaded for future assessment auditing purposes. ? I understand that my instructor will provide feedback to me regarding this assessment and that I can provide follow-up comments and answers to achieve competence. I am aware of my appeal rights.

Attachments:

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