Subject details

At the completion of this subject students will be able to:

  1. Have an appreciation of aspects of the legal framework within which accountants and business professionals operate (including both the civil law and criminal law)
  2. 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
  3. 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
  4. Develop awareness of how changes in the law may affect business strategies.
    • 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

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

Core
  • RMI-PAC-MAS-2018
  • RMI-PAC-GCE-2018
  • RMI-CPA-MAS-2018
Elective
  • OUA-PSU-GCE-2018
  • UNE-PRO-GCE-2018

Special requirements

No special requirements

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

Click on the titles of the listed books below to find out more:

Business and Corporations Law, 3rd edition

Fitzpatrick, Symes et al

Recommended Only

Related degrees

postgraduate RMI-PAC-MAS-2018

Master of Professional Accounting

postgraduate RMI-PAC-GCE-2018

Graduate Certificate in Professional Accounting

postgraduate RMI-CPA-MAS-2018

Master of Professional Accounting CPA Australia Extension

postgraduate OUA-PSU-GCE-2018

Postgraduate Single Subjects

postgraduate UNE-PRO-GCE-2018

Graduate Certificate in Professional Practice