Subject details

  • Topics
    • 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
      • Disscusion forum/Discussion Board
      • Web links
      • Online assignment submission
      • Podcasting/Leacture capture
      • Standard Media
      • Online Quizzes/Tests
      • Wikis

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.
  • Assignment 1 - Assessments (50%)
  • Assignment 2 - Open Book Invigilated Exam (50%)

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a subject

No eligibility requirements

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.

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