"PLAN AND ESTABLISH COMPLIANCEMANAGEMENT SYSTEM1 CONTENTSAssignment task 1;IntroductionResearch details Compliance requirementsCompliance effectsAvailable compliance management systemsRecommended systemAssignment task 2 Compliance management systemPersonnelTrainingProcessAdministration Assignment task 3 Introduction Establishment Implementation Monitoring Conclusion2 ASSIGNMENT TASK 1INTRODUCTION? Governance, Risk Management, and Compliance (GRC) are three facets that helpassuring that an organization meets its objectives. Governance is the combination ofprocesses established and executed by the directors (or the board of directors) that arereflected in the organization's structure and how it is managed and led toward achievinggoals. Risk management is predicting and managing risks that could hinder theorganization to achieve its objectives. Compliance refers to adhering with the company'spolicies, procedures, laws and regulations.? In general, compliance means conforming to a rule, such as a specification, policy,standard or law. Regulatory compliance describes the goal that organisations aspire toachieve in their efforts to ensure that they are aware of and take steps to comply withrelevant laws and regulations.? As an external consultant, I conducted research into and proposed an appropriatecompliance management system for a large not for profit charity called charity care. It isbased in Brisbane and is the public company that is limited by guarantee under thecorporation act 2001.It is registered as charity under the Queensland collection act 1966. ? I met with the employees and other staff members of both the frontline communityservices it provides viz. two 100sq.m office centre in Springhill on Brisbane`s north sideand wooloongabba on Brisbane`sSouthside. It provides community care and computercare services to the people in need.3 "