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This is a building company in Melbourne.The company is a family enterprise owned by a husband-wife team with backgrounds in real estate and construction. The company started operating in 2009 and builds residential homes in various part of the city. The company has an in-house legal and compliance team that ensures that the company complies with relevant laws and conducts its business in accordance with the established codes of industry conduct and best practice guidelines. 

 

A compliance management procedure will outline how various legal and compliance requirements will be managed within the department. Usually a procedure will support a relevant policy and assume that a compliance or risk management policy is already in place. 

 

Th procedure will include: (addresses and interpret key legal instruments such as superannuation, tax, recordkeeping, and privacy laws)

- What is overview of the company structure (chosen type of entity) and its applicable legal and statutory requirements (e.g. reporting, lodgement, disclosure, separation of power etc.)?

- What are relevant legislations, regulations, codes and/or guidelines for legal and ethical accounting practices?

- What is the scope of the procedure outlines the extent of the procedure within the organization?

- What is the purpose of the document is established with reference to overall compliance management system of the company?

- What is the compliance management procedure and relevant statutory deadlines for reporting purposes?

- What are the key responsibilities?

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