Postgraduate RMI-MPAC20-2019

Business & Corporations Law

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.

Duration

14 weeks

Student rating

4.59

Study method

100% online

Available loans

FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Study terms

02 Mar 2020

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.

University ranking

2019
2020

Subject details

What you'll learn

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.

Topics covered

- Australian Legal System
- Negligence
- Contract Law
- Introduction to contract law
- Elements of a simple contract
- Contents of a contract
- Remedies for breach of contract
- Intro to Corporations Law: Some Basics
- Registration and its consequences
- Internal Rues of a company
- Membership of a company
- Shares & debenture; Management of Companies & Directors' duties; Corporate Liability; Insolvency and Charges
Study resources
- Instructional methods
  - Blog
  - Discussion forum/Discussion Board
  - Web links
  - Online assignment submission
  - Podcasting/Lecture capture
  - Standard Media
  - Online Quizzes/Tests
  - Wikis

Entry requirements

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

Core

RMI-PAC-MAS-2019
RMI-PAC-GCE-2019
RMI-CPA-MAS-2019

Elective

OUA-PSU-GCE-2019
UNE-PRO-GCE-2019

Special requirements

No special requirements

Description

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.

Assessments

Assessments (50%)
Open Book Invigilated Exam (50%)

Textbooks

Current study term (01 Mar 20 to 07 Jun 20)

Textbook information is pending.

Related degrees

postgraduate RMI-PAC-MAS-2019

Master of Professional Accounting

postgraduate RMI-PAC-GCE-2019

Graduate Certificate in Professional Accounting

postgraduate RMI-CPA-MAS-2019

Master of Professional Accounting CPA Australia Extension

postgraduate OUA-PSU-GCE-2019

Postgraduate Single Subjects

postgraduate UNE-PRO-GCE-2019

Graduate Certificate in Professional Practice