Unit of competency Outline

Date retreived
22/07/2026 6:23 PM AWST

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Identify and interpret compliance requirements

Identify and interpret compliance requirements

Unit of competency
National Code
BSBCOM501
State Code
AUH23
TGA Status
Replaced
DTWD Status
Transition (Replaced)
Current Release Number
1.00
Current Release Date
25/03/2015
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
091103 - Legal Studies
Original Release Date
15/09/2015
Nominal Hours
20
Description
This unit describes the skills and knowledge required to identify and interpret the range of internal and external compliance requirements and obligations that must be fulfilled by an organisation.It applies to individuals who use their sound theoretical knowledge of compliance and skills in identifying compliance requirements to plan, carry out and evaluate their own work and/or the work of a team.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Clarify the scope of operations
  • 1.1 Identify and review the relevant range of operations and the sphere of business arrangements of the organisation
  • 1.2 Conduct an analysis of the operations and business arrangements of the organisation and identify the functions, products and services that may be subject to compliance requirements
  • 1.3 Develop and document work activity plans for determining relevant compliance requirements
  • 1.4 Obtain approval of plans from relevant organisational personnel
2 Identify compliance requirements
  • 2.1 Conduct a search of information on internal and external compliance requirements using appropriate search resources, including relevant Australian and international standards
  • 2.2 Ensure the search of compliance requirements scans across all relevant jurisdictions of laws, regulations, and industry and organisational codes and standards and identify pertinent compliance requirements
  • 2.3 Progressively review information collected in terms of its relevance to the organisation’s operations, services and products
  • 2.4 Organise and store gathered information on relevant compliance requirements in an appropriate format for further analysis
3 Interpret, analyse and prioritise identified compliance requirements
  • 3.1 Review and interpret collected information in terms of its relevance to the organisation’s functions, services and products
  • 3.2 Discuss and clarify with relevant internal or external personnel ambiguities, uncertainties and problems experienced in interpreting identified compliance information
  • 3.3 Identify, analyse and prioritise relevant compliance requirements in terms of critical implications for the organisation and risks and consequence of possible breaches
  • 3.4 Group pertinent compliance requirements into those that are critical and central to the organisation’s operations, those that are important in some circumstances but are not central to the organisation’s operations, and those that are pertinent but are incidental to the organisation’s operations
4 Document compliance requirements
  • 4.1 Organise and document outcomes of the identification and interpretation activities
  • 4.2 Prepare and communicate reports of relevant compliance requirements and assessment of implications to relevant personnel performing specific compliance management functions
No information
No information
Replaces
State Code National Code Title Type
D0638 BSBCOM501B Identify and interpret compliance requirements Unit of competency
Replaced By
State Code National Code Title Type
OCF86 BSBAUD514 Interpret compliance requirements Unit of competency
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