Risk Management and Compliance - 2017

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2017: SP1
  • Assessment: Critique - Individual/Group (20-30%) , Project - Individual/Group (30-40%) - Learn more

Unit provided by

2017 Fees
Domestic 3,233.00
International 3,483.00

This unit aims to provide students with a broad understanding of the frameworks, concepts and roles of corporate governance, compliance and control within the context of managing risk across the organisation.  Students will also understand the methodologies, tools and techniques used for auditing and reporting as applied to risk management.

Students who successfully complete this unit will be able to:

  1. Critically analyse corporate governance, accountability and compliance in relation to risk      
  2. Critically analyse the operation of the Australian legislative and regulatory frameworks as they relate to compliance and risk in context
  3. Demonstrate advanced knowledge of risk and compliance frameworks and policies to an international context
  4. Demonstrate developed knowledgeof codes of practice, principles and standards of compliance and risk management as appropriate to context.
  • Critique — Individual/Group (20-30%)
  • Project — Individual/Group (30-40%)
  • Report — (40-50%)

There are no prerequisites for this unit.

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1Definitions and concepts of corporate governance, responsibility, accountability, compliance and control in relation to risk
2The nature of risk management and compliance and the impact across the organisation
3Risk and compliance models
4Compliance, legislative and regulatory framework
5Social responsibility and responsiveness - the law and ethics
6Implications of international risk and compliance frameworks and principles for multinational organisations
7Codes of practice, principles, standards and recommendations to manage risk
8Risk auditing and reporting frameworks, requirements and practices

Each unit offered through OUA provides students with unit information that includes assessment topics and due dates, policy information and contact numbers for university support and academic staff. Study materials will also clearly outline each week's topic, readings, student activities and the format of all assessment.

This unit is an approved elective in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

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