Map out the legal areas in which accountants and business professionals operate. Illustrate a detailed understanding of contract, negligence and company laws. Take in the ethical and legislative standards that underpin professional accountancy.
Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
At the completion of this subject students will be able to:
Have an appreciation of aspects of the legal framework within which accountants and business professionals operate (including both the civil law and criminal law)
Understand the Australian legal framework, including sources of law, principles of statutory interpretation, relationship between common and statutory law, ethical principles, and other regulatory mechanisms, particularly those relating to companies
Understand the underlying principles of a number of areas of law relevant to accounting practitioners and consultants, including contract law, law of negligence and company law, and how to apply these principles in various situations
Develop awareness of how changes in the law may affect business strategies.
The subject teaches legal principles important in a commercial environment, focusing particularly on the principles needed by accountants providing professional accountancy services, including the law of contract, negligence and company law.
This subject will allow you to develop skills in reading, understanding and applying relevant legal principles from both legislation and court decisions, and you will be exposed to critical thinking about the socio-legal framework and legal and ethical standards underpinning the practice of accountancy and business in general. These generic skills will provide a foundation upon which you can continually update your knowledge as the law changes.