- UCAS course code
- UCAS institution code
Year of entry: 2024
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Course unit details:
Law for Accountants
|Available as a free choice unit?
This course gives students a grounding in the regulatory, professional and ethical issues relevant to work carried out in professional accounting practice. The impact on business and professional services of tort law, contract law and agency relationships is
considered, in addition to company and insolvency law and an introduction to other required areas including crime and data protection.
Students will gain an understanding of the legal implications of incorporation, the role of directors and shareholders, issues of corporate liability and the legal regulation of the employment relationship.
BMAN11110 is core for BSc Business Accounting and BSc Business Accounting.
To provide students with an understanding of the principles of English law, its systems and
institutions and the implications and impact of the law on business and professional services.
It includes the development of knowledge and skills in specific legal areas relating to business, and the ability to recognise when further specialist legal advice is necessary.
• Identify the essential elements of the legal system, including the main sources of law
• Recognise and apply the appropriate legal rules relating to the law of obligations
• Explain and apply the law relating to employment relationships
• Distinguish between alternative forms and constitutions of business organisations
• Recognise and compare types of capital and the financing of companies
• Describe and explain how companies are managed, administered and regulated
• Recognise the legal implications relating to insolvency law
• Demonstrate an understanding of corporate fraudulent and criminal behaviour
The module has an English law focus and is limited to accountancy-related case studies and application.
INTRODUCTION: terminology, court structures, sources and legal process ( including ADR );
OBLIGATIONS: contract ( basic formation & contents, termination, and remedies ), tort ( basic negligence , negligent misstatement, defences & vicarious liability ), crime ( fraud, market abuse, bribery & money laundering );
EMPLOYMENT RELATIONSHIP: types of employment ( including agency ), mutual duties ( usual obligations plus IPR, GDPR, computer misuse, whistleblowing & victimisation ), dismissal & redundancy ;
BUSINESS FORMATS: types, formation and management ( partnerships, incorporation ), financing ( shares; loans; capital maintenance ), company personnel ( shareholders, directors, Company Secretary ), insolvency and company rescue.
Teaching and learning methods
A two hour lecture per week ( for 10 weeks in semester one & 9 weeks in semester two )
A one hour seminar per week ( 9 weeks in semester one & 8 weeks in semester two )
Drop-in, non-compulsory Revision classes at the end of each semester
Identify other key areas in which the law affects the role and work of the professional accountant ;
Use legal skills, research and terminology effectively and be able to apply these in a business / management context.
- General skills included: Analysis Communication Problem-solving Time management Organization IT and innovation Initiative Commercial awareness Professional scepticism
Semester One : examination (50%)
Semester Two : examination (50%)
- Face-to-face in seminars
- Opportunities for written practice to be correctedGeneric examination feedback
|Scheduled activity hours
|Independent study hours
Programme Restrictions: Compulsory for BSc Business Accounting students BSc Business Accounting students. Not offered to other students.
For Academic Year 2023/24
Updated: March 2023
Approved by: March UG Committee