Australian National Institute ofManagement and CommerceUnit Outline Unit Code & NameTLAW607 Business & Corporations LawYear2021Term1Unit CoordinatorAssociate Professor Katherine LindsayLocationSydney, Hobart Page 2IntroductionWelcome to the Australian National Institute of Management and Commerce (IMC) and TLAW607Business and Corporations Law. This document provides you with information relevant to thesuccessful completion of this unit including learning outcomes, schedule of lecture topics, prescribedtexts and recommended readings, assessment tasks and policies, examinations and learning supportfacilities.Academic Administration OfficeThe Academic Administration Office will be located in Bay 3, Locomotive St. when renovations arecomplete. The administration office is your point of contact for advice, enrolment and access tostudent support facilities. IMC’s staff is available to assist you personally during office hours.Unit DescriptionThis unit is for business students studying combined business and company law.The unit is divided into two parts – Part A [Business Law] and Part B [Corporations Law].Part A introduces you to the foundation, operation and administration of the Australian legal systemand to the operation of contract law. Contracts play a large role in the daily lives of both businesspeople and consumers. Understanding contracts is essential to understanding business. It formsthe basis of business law and relationships. There would be little or no business without contractsand the legal enforcement of promises.By the end of Part A, students will have gained a good understanding of the rights and duties ofpeople involved in business transactions under the law of contract.Part B introduces you to the legal regulation of business structures and factors to consider whengoing into business, with emphasis on risk management, asset protection and limited liability underAustralian corporations law. The unit focuses on the regulatory framework of companies, theseparate legal nature of a company, the manner in which it operates, the duties and liabilities ofcompany directors (corporate governance), the rights and remedies of members, the manner inwhich companies raises finance (equity and debt financing) and the legal options available for acompany in financial difficulty. This part of the unit involves a critical analysis of decided cases andimportant sections in the legislation (Corporations Act 2001 (Cth)).By the end of Part B, students will have gained a good understanding of the life cycle of a company,from birth (registration) to death (dissolution) and an appreciation as to why companies are anessential feature and integral part of the business environment.The unit aims to facilitate the development of students’ contextual understanding of contract andcorporations law, as well as enhancing critical thinking and analytical skills in relation to legalmaterials.AQF LevelThe teaching, the required learning and assessments are conducted at Level 9 (Master’s Degree) ofthe Australian Qualifications Framework. https://www.aqf.edu.au/Assumed KnowledgeNonePage 3Learning OutcomesThe learning outcomes (i.e. goals and objectives) of this unit are related to the learning outcomes ofthe overall course (or program) of study. In turn, both unit and course learning outcomes are designedto enhance each student’s acquisition of desirable graduate attributes. The table below shows thealignment of unit learning outcomes with course learning outcomes and their contribution to achievinggraduate attributes. Unit Learning OutcomesCourse LearningOutcomes achievedGraduate AttributesachievedAfter successfully completingthis unit, students will be ableto:1 (a) Explain key elements of theAustralian legal system andsources of law1 (b) Explain the key features andpurpose of contract law, includingkey legal concepts, rules andimportant legal decisions.(a) 1 (c) Demonstrate a coherentunderstanding of theCorporations Act 2001 (Cth)and the regulatory frameworkfor companies including keylegal concepts, rules andimportant legal decisionsAcquire discipline-relatedknowledgeB 32. Demonstrate a developedunderstanding of business andcorporations law, withparticular emphasis on themanagement of companies(directors’ duties), financing ofcompanies, financial reportingobligations, the functions ofauditors and the legal optionsfor a financially distressedcompanyAcquire discipline-relatedknowledgeApply theory to commercialpracticeB 3A 23. Apply an appropriate level ofindependent and criticalthinking to explain options andalternatives in decisionsrelating to legal materialsResearch and find solutionsto problems in complexprofessional settingsApply theory to commercialpracticeB 4B 5 Page 4 Unit Learning OutcomesCourse LearningOutcomes achievedGraduate Attributesachieved4. Demonstrate advancedwritten communication skillsusing legal materialCommunicate effectively inprofessional settingsApply knowledge and skillscreativelyB 7C 9 Teaching StaffLecturer: Associate Professor Katherine Lindsay ([email protected] telephone:(02)92094888)Tutor: Katherine Lindsay (contact details as above)Class TimesThis unit will be offered in a blended learning mode. This means that the lecture material willbe recorded and made available to students on Moodle each week. Students must view thislecture material BEFORE the scheduled zoom tutorial class and complete other Before ClassLearning Activities which are outlined for each week.A tutorial class will be held via zoom each week commencing at 2.00 pm on Wednesdaysstarting on Wednesday 31 March 2021. Learning Activities will be allocated for each classand students are expected to log into zoom in order to participate in the tutorial class.Consultation: 3-4 pm Wednesdays online via zoom or by appointment.Teaching StrategyThe learning outcomes in this unit will be achieved through a blended mode of delivery.As a guide, students must allocate 10 hours each week to study in this unit to a PASS standardincluding the time spent in class or online.Blended Learning ModeRecorded lecture material will be available to students for each week via Moodle. Thismaterial should be accessed before the Zoom tutorial sessions. Zoom tutorial sessions aredesigned for interaction and engagement with legal material and specific rules, andhypothetical problems involving focussed legal issues.Self-studyStudents are required to read and reflect upon assigned readings from the textbook andmaterials available on Moodle prior to the Zoom tutorial sessions. Questions for personalrevision and review will be provided for each topic.Page 5Prescribed and Recommended Readings:Prescribed Textbook:Symes, C et al (2019) Business and Corporations Law 4th edition, LexisNexis ButterworthsNote: Earlier editions are not appropriate as the law changes frequently and often dramatically.Recommended Reference Books and Journal Articles:PART A: BUSINESS LAWRecommended References:Turner, C, Trone, J and Gamble. R (2019) Concise Australian Commercial Law 5th edition,Thomson ReutersParker, D and Ward, L (2020) Business and law in Australia 3rd edition, Thomson ReutersIn English and ChineseKui Hua Wang International Student Guide to Business Law (2019) 2nd edition, Thomson ReutersEnshen Li (2018) Business and Corporate Law Guide Book LawBook Co.Law ReportsThe key cases can be found in your textbook and in the weekly lecture notes. If you require moredetailed information, reports of cases of major Australian courts can be found at www.austlii.edu.auJOURNALSAustralian Journal of Contract Law, LexisNexis;Australian Business Law Review, Thomson Reuters.INTERNETAustralian Legal Information Institute: http://www.austlii.edu.auAustralian Securities and Investments Commission: http://www.asic.gov.auCommonwealth legislation: http://www.legislation.gov.auNSW legislations http://www.legislation.nsw.gov.auAustralian Competition and Consumer Commission: http://www.accc.gov.auDepartment of Fair Trading: http://www.fairtrading.nsw.gov.auThe NSW Attorney-General’s website: http://www.lawlink.nsw.gov.auPART B: CORPORATIONS LAWRecommended References:Page 6Lipton, P, Herzberg, A and Welsh, M (2020) Understanding Company Law, 20th edition, ThomsonReuters.Hargovan, A (2019) Corporations Law – LexisNexis Study Guide, 4th ed, LexisNexis/ButterworthsQuilter, M (2020) Company Law Perspectives, 4th edition, Thomson Reuters.LEGISLATIONCorporations Legislation, 2020, Thomson ReutersAustralian Corporations Legislation, LexisNexis, 2020 (student edition)Additional Resources:JOURNALSCompanies and Securities Law Journal, Thomson Reuters;Australian Journal of Corporate Law, LexisNexis;Australian Business Law Review, Thomson Reuters.INTERNETPrimary and secondary legal sourcesAustralian Legal Information Institute: http://www.austlii.edu.auNSW Legislation http://www.legislation.nsw.gov.auFederal Register of Legislation (Commonwealth statutes) https://www.legislation.gov.au/Legal entitiesAustralian Securities and Investments Commission: http://www.asic.gov.auAustralian Competition and Consumer Commission: http://www.accc.gov.auNSW Department of Fair Trading (Contract Law): https://www.fairtrading.nsw.gov.au/buyingproducts-and-services/guarantees,-contracts-and-warranties/contractsCourtsThe High Court of Australia: http://www.hcourt.gov.auFederal Court of Australia https://www.fedcourt.gov.au/NSW Supreme Court https://www.supremecourt.justice.nsw.gov.au/Journal databases for Law available from IMC LibraryAttorney General’s Information Service (AGIS) – InformitPage 7The Attorney-General’s Information Service (AGIS) is produced by the AttorneyGeneral’s Department, and contains over 120 law journals from the Australian, New Zealand andAsian Pacific region.HeinOnline Academic CoreProvides comprehensive coverage of more than 2,000 law and law-related periodicals and inexcess of 16,000 titles including documents from the American Association of Law Libraries,Assessment Tasksa) SummaryAssessment tasks are an integral part of the learning framework. Assessment tasks are designed tomeasure student progress in achieving competency in all or selected unit learning outcomes.Unless otherwise stated, the pass mark in each assessment task is 50%. Assessment typeWeekassessmentis dueProportion oftotal marksUnit LearningOutcomes assessedAssessment Item 1Assignment: Australian LegalSystem and Sources of LawWeek 420%1(a), 3, 4Assessment Item 2Mid semester test: Contract LawWeek 740%1(b), 2Assessment Item 3Final ExaminationOpen book, 3 hour open book examon Corporations LawExam period40%1(c), 2, 3 b) Constructive AlignmentAssignment one: Continuous assessment tests knowledge of core material on the legal systemin alignment with ULOs.Mid-semester test: Tests knowledge of Contract Law in alignment with ULOsFinal Exam: Summative assessment tests Part B sknowledge and thinking skillsc) DetailsPage 8 Assessment numberand titleAssignment: Australian Legal System and Sources of LawPurpose, descriptionand topics coveredPurpose: The purpose of this assessment is to assess disciplineknowledge, principles and concepts and to evaluate independentand critical thinking skills in respect of legal materialDetails of assignment 1 are available on Moodle.This assignment consists of two parts.Part A is on the jurisdiction of Australian Courts.Part B is testing independent, critical thinking skills and reasoning.Topics to be covered: Australian Legal SystemAssessment lengthUp to 1500 wordsCriteria to grade qualityPart A1. Depth of understanding of legal concepts2. Correctness and completeness of answers on jurisdiction.Part B1. Demonstrated critical thinking and reflective skills.2. Skills in reflection and reasoning in explanatory answers.Submission method11.59 pm on Sunday week 4 of semester (25 April 2021) via Turnitin.Return methodAssignments will be uploaded to Turnitin, marked online andcomments provided in relation to the assignmentFeedback providedWritten feedbackAssessment numberand titleAssignment: Australian Legal System and Sources of LawPurpose, descriptionand topics coveredPurpose: The purpose of this assessment is to assess disciplineknowledge, principles and concepts and to evaluate independentand critical thinking skills in respect of legal materialDetails of assignment 1 are available on Moodle.This assignment consists of two parts.Part A is on the jurisdiction of Australian Courts.Part B is testing independent, critical thinking skills and reasoning.Topics to be covered: Australian Legal System Page 9 Assessment lengthUp to 1500 wordsCriteria to grade qualityPart A3. Depth of understanding of legal concepts4. Correctness and completeness of answers on jurisdiction.Part B3. Demonstrated critical thinking and reflective skills.4. Skills in reflection and reasoning in explanatory answers.Submission method11.59 pm on Sunday week 4 of semester (25 April 2021) viaTurnitin.Return methodAssignments will be uploaded to Turnitin, marked online andcomments provided in relation to the assignmentFeedback providedWritten feedback Assessment titleMid-semester test: Contract LawPurpose anddescriptionPurpose: The purpose of this assessment is to evaluatesstudents’ ability to understand deeply and explain accurately thekey features and purpose of contract law, including legalconcepts, rules and important legal decisions.Description: the examination will consists of short answerquestions and questions involving key cases studied in therelevant weeks.Topics to be covered: Knowledge and skills from weeks 1 to 5.Assessment length2 hour examinationCriteria to grade quality1. Knowledge of contract law concepts, rules and important legaldecisions.2. Thinking skills in analysing and responding to questions oncontract law rather than simply reproducing data from notes,textbooks and other secondary sources.Submission methodWeek 7 online examination (Details to be provided via Moodle).Return method. Marks and comments will be sent to students via email. Page 10 Feedback providedFeedback sheet will be provided Assessment titleFinal ExaminationPurpose anddescriptionPurpose: The purpose of this assessment is to evaluatesstudents’ ability to understand deeply and explain accurately thekey features and purpose of corporations law, including legalconcepts, rules and important legal decisions.Description: the examination will consists of short answerquestions and questions involving key cases studied in therelevants weeks.Topics to be covered: Knowledge and skills from weeks 6-11Assessment length3 hour open book examCriteria to grade quality1. Knowledge of corporations law concepts, rules and importantlegal decisions.2. Thinking skills in analysing and responding to questions oncorporations law rather than simply reproducing data fromnotes, textbooks and other secondary sources.Feedback providedMarks will be incorporated in the final grade. Student maycontact the co-ordinator to discuss performance in the finalexam. Page 11d) General Information(a) Late submission of assignments: It is IMC policy that assignments cannot be submitted latewithout prior approval of the unit coordinator and only in extenuating circumstancessupported by evidence. Assignments submitted late without prior approval will not begraded.(b) Example final examination will be made available on Moodle for students..Schedule of Topics TopicsReadingsSpecial InstructionsPART A[BusinessLaw]Week 1(startsMonday 29March)The Australian LegalSystem• Sources of law• Hierarchy of courts• Administration of lawConstitutionBusiness and Corporations Law:Chapter 1Tutorial 1 (31 March 2 pm)About LawWeek 2(starts Mon5 April)Formation of Contract• Offer and acceptance• Legal intentionConsiderationBusiness and Corporations Law:Chapters 2 and 3Tutorial 2 (7 April 2 pm)Australian Legal SystemWeek 3(startsMonday 12April)Terms of Contract andCapacity of PartiesBusiness and Corporations Law:Chapter 4Tutorial 3 (14 April 2 pm)Formation of ContractWeek 4(startsMonday 19April)Genuine Consent(misrepresentation, duress,undue influence,unconscionable conduct)Statutory Protection:Business and Corporations Law:Chapter 5Tutorial 4 (21 April 2 pm)Terms of Contract andCapacityAssignment:Australian legal system &sources of law (20%) Page 12 Australian Consumer LawWeek 5(startsMonday 26April)Discharge of Contract andRemedies for Breach ofContractBusiness and Corporations Law:Chapter 6Tutorial 5 (28 April 2 pm)Genuine ConsentPART B[CompanyLaw]Week 6(startsMonday 3May)Business Structures [SoleTrader, Partnership, JV,Trusts and Companies]Business and Corporations Law:Chapter 7Tutorial 6 (5 May 2 pm)Discharge of Contract andRemediesWeek 7(startsMonday 10May)Company Incorporation andLegal ConsequencesBusiness and Corporations Law:Chapter 8Mid-semester testContract Law 40%NO TUTORIAL THIS WEEKWeek 8(startsMonday 17May)Company’s Internal Rules,Management andContractingBusiness and Corporations Law:Chapter 9Tutorial 7 (19 May 2 pm)Legal Consequences ofincorporationWeek 9(startsMonday 24May)Corporate Governance:Directors Duties andLiabilitiesBusiness and Corporations Law:Chapter 10Tutorial 8 (26 May 2 pm)Internal Rules &ManagementWeek 10(startsMonday 31May)Corporate Governance:Shareholder Rights andRemediesBusiness and Corporations Law:Chapter 11Tutorial 9 (2 June 2 pm)Director’s Duties Page 13 Week 11(starts 7June)Corporate Fundraising; andExternal Administration ofCompanies[Schemes, VoluntaryAdministration, Receivershipand Liquidation]Business and Corporations Law:Chapter 11; 12Tutorial 10 (9 June 2 pm)Shareholder Rights andRemediesWeek12/13FINAL EXAMINATION Requirements to Pass the UnitTo achieve a passing grade in this unit, a student must:(a) Attempt all within-term assessment tasks to the satisfaction of the lecturer-in-charge.(b) Attend the final examination and submit a completed examination script; and(c) Achieve an overall mark of at least 50% in the unit.GradesA final grade and mark will be awarded in the unit as follows:Grade %MarkHigh Distinction (HD) 85 – 100Distinction (D) 75 – 84Credit (CR) 65 – 74Pass (P) 50 – 64Fail (F)* 00 – 49*The alternate grades of Fail Absent, Fail Incomplete and Fail Withdrawn may be awarded inappropriate circumstances.The definition and interpretation of the above grades can be found in Assessment Policy andProcedure (Coursework) on IMC’s website at http://www.top.edu.au/current-students/top-policiesand-proceduresAcademic Integrity Module (AIM)All IMC students are required to complete the Academic Integrity Module (AIM) before submitting theirfirst assignment in their first unit of study (which may be this unit or another unit). AIM is an onlinemodule available through Moodle that introduces the principles of ethical academic practice and IMC’svalues and expectations of correct academic conduct. There are no credit points awarded forcompleting AIM, but your successful completion of the module will be recorded on your AcademicRecord for future reference. If you have not completed AIM by week 6, your results for the assignmentwill be withheld. Students are asked to attach the email confirmation of successful completion to theirfirst assignment.Recent Changes to this UnitPage 14This unit is being offered in Blended Learning mode for the first time using a curriculum and learningactivities devised by Associate Professor Katherine Lindsay, Dean of Law.Online Learning SupportA great deal of online learning support is provided. A list of subject-specific and general informationguides containing the best databases and resources available are accessible via the Library website:library.top.edu.au. The online Library Course available on Moodle is useful for learning about availableservices and how to conduct research successfully. Many useful support materials can also be locatedwithin the Academic Skills Development Module on Moodle.For more information or further support, please contact our English Language and Academic SkillsCoordinator at [email protected]Academic English Support ProgramAn extensive Academic English program is provided. This program is aimed at developing skills andunderstanding of the rules and conventions that form the basis of academic work. The programincludes:• The Academic Skills Development Module (available on Moodle)• Academic English and Study Skills workshops held throughout the term• Individual consultations available by appointment• Academic English Support Guide (accessible in the online Library)If you have any queries or would like to book a consultation, please contact our English Languageand Academic Skills Coordinator at [email protected]Additional Tutorial SupportSupport for this unit may be provided by IMC’s Duty Tutor who provides general assistance andpersonal advice on academic matters in a selection of undergraduate and postgraduate units. TheDuty Tutor is available for consultation by contacting [email protected] [Staff: delete Duty Tutor ifthis does not apply to your unit or this is a postgraduate unit]Early Intervention for Students at RiskYour performance within each teaching period will be monitored to assist you towards successfulcompletion of the units in which you are enrolled. Students whose performance is such that they aredeemed to be at risk of not successfully completing the unit will be identified through IMC’s earlyintervention strategy. Indicators of students at risk of not successfully completing the unit include:• Not attending lectures and/or tutorials• Not performing adequately in assessment tasks• Lack of engagement in the learning process• Poor language skillsWhere you are identified as being at risk of failure, you will be advised by IMC of an appropriateremedial strategy and provided access to support services appropriate to your needs.Page 15Policy on Special Consideration for ExaminationsStudents may apply for a Special Consideration when they are unable to sit an examination or if theirperformance in the examination is severely affected by extraordinary circumstances beyond theircontrol. Students are not allowed to decide whether or not they will sit an examination. Students mayonly apply for special consideration when they have evidence that they could not sit for the examowing to significant unforeseen circumstancesAcceptable evidence of a student’s inability to sit an exam, or a severe adverse effect on theirperformance in an examination, include a stamped medical certificate with the date of consultation,the state or extent of the medical condition, and the period covered by the doctor’s certificate. IMCadministration staff will contact the medical professional’s office to verify the authenticity of thecertificate. Only medical certificates that involved a personal (not online) consultation with a medicalprofessional will be accepted. Please note:• Misreading the examination timetable is not sufficient reason for the award of SpecialConsideration.• Sitting consecutive exams (e.g. two exams on one day) is not a sufficient reason for theawarding of Special Consideration.An application form for Special Consideration is available from Moodle. Applications for SpecialConsideration must be received by the IMC Academic Administration Office no later than five (5)working days after the last day of the examination period.If Special Consideration is deemed to apply in a final examination, in normal circumstances, a studentwill be permitted to sit a Supplementary Examination. For mid-term exams, the unit coordinator hasthe discretion to determine how Special Consideration, if granted, will be applied.A student can take only one supplementary examination in this unit each term.Re-sit Assessment TaskIf a student has achieved an overall mark between 40% and 49%, or a Fail Incomplete grade with anaggregate mark of at least 40%, a re-sit assessment task may be prescribed by the lecturer-in-chargeto determine whether acceptable competency in expected learning outcomes has been achieved. Theassessment will typically be in the form of a re-sit final examination. Still, it might be another form ofre-sit evaluation if the student has performed satisfactorily in the first attempt at the final examination.Student Satisfaction SurveyAt the end of each term, students will be asked to complete a Student Satisfaction Survey. Studentresponses will assist IMC and its teaching staff in making improvements to teaching and learningcontent and processes. The survey will include questions about unit content, the assessment system,teaching quality and other items. Students will also have an opportunity to make open-endedcomments. Student evaluations are important to IMC and are taken seriously. All student evaluationsare anonymous to ensure privacy.Page 16Academic Misconduct(a) PlagiarismPlagiarism is the use of another person’s ideas or work without appropriate acknowledgement orcredit. Plagiarism may be intentional or unintentional.Intentional plagiarism is deliberately using text, ideas or concepts attributable to another personobtained from any source (including internet sources) without referencing the author and thepublication. Intentional plagiarism is a serious matter, amounting to academic fraud. Student workestablished and proven as containing deliberate plagiarism will result in a zero grade and be reportedto the Dean of School. The student’s enrolment in the unit will be reviewed.Unintentional plagiarism may occur if you do not understand appropriate ways of acknowledgingsourced reference materials. If you are unsure, you should consult the lecturer, IMC’s academic skillscoordinator and available publications to learn how to reference appropriately.All written assignments must be submitted online through the Turnitin anti-plagiarism software (unlessotherwise advised by the lecturer). The link for Turnitin can be found on IMC’s Moodle site.(b) CheatingCheating is an attempt to gain an unfair advantage over other students. Cheating includes copying,plagiarism and third-party assistance in preparing assignments. All work submitted must be astudent’s own work. In an exam, cheating includes communicating with anyone other than supervisorsduring the exam period and the use of dictionaries, electronic devices, books or notes in the examroom where these not authorised. Cheating in any form will not be tolerated at IMC. Any studentcaught cheating on an examination will be given a FAIL grade in that unit, and the incident will bereported to the Dean of School for further action.(c) Third-party assistanceAcademic misconduct includes the submission of work that has been prepared or assisted by a thirdparty (e.g. through the purchase of assignment submissions). Where a lecturer has evidence that asubmitted assignment is not the student’s own work, the lecturer may interview the student toascertain whether third-party assistance has been obtained and, if so, report the incident to Dean ofSchool for further action to be determined.Students are required to read and understand IMC’s Academic Integrity Policy and ensure that all thework complies with the policy before submitting assessments. The policy is available athttp://www.top.edu.au/current-students/top-policies-and-proceduresPage 17GRADUATE ATTRIBUTESGraduate attributes are human characteristics that IMC endeavours to develop in its students as theyprogress through a program of higher education. Graduate attributes nurtured within IMC’senvironment of advanced learning are integrity, capability, curiosity, and responsibility. Graduateattributes are fostered through a framework of learning outcomes starting with graduate learningoutcomes (or goals), through to course and unit learning outcomes (or goals). The learning outcomesframework, together with unit content and assessments that encourage and measure theachievement of learning outcomes are aligned to assure competencies are achieved at each level.IMC expects its graduates to have achieved a measure of each of the four graduate attributes throughcompletion of any of IMC’s AQF Level 7 or higher-level courses. GraduateAttributes (GA)Graduate Learning Outcomes (GLO)A. Integrity1. Act honestly, ethically and morally in personal and work contexts.2. Manage personal and professional development to maintain disciplineknowledge and skillsB. Capability3. Apply discipline knowledge, principles, concepts and skills4. Think critically, analytically, creatively, strategically and reflectively5. Solve problems and make sound decisions based on theoreticalfoundations and discipline-specific knowledge6. Apply interpersonal skills to work constructively as a team member7. Communicate effectively in personal and work contexts8. Engage with transformative digital technologiesC. Curiosity9. Commit to continuous learning and intellectual curiosity10. Derive knowledge through systematic and scientific methods ofenquiryD. Responsibility11. Apply knowledge and skills in a manner that demonstrates national,international and intercultural awareness and understanding12. Take leadership roles in the workplace and community, and engageconstructively on local, national and global issues Page 18COURSE LEARNING OUTCOMES MASTER OF PROFESSIONAL ACCOUNTING Learning Outcomes for the CourseShort form descriptorof course learningoutcomeKNOWLEDGEGraduates of theMPA will have:1. An understanding of contemporarytheory underpinning accounting as aprofessional discipline.Acquire knowledge ofcontemporaryaccounting theory2. Knowledge of contemporary accountingpractices as used in the accountingprofession both nationally andinternationally.Acquire knowledge ofcontemporaryaccounting practice3. Knowledge of related disciplines as theyapply to accounting, especially thedisciplines of law, finance, economicsand statistics.Acquiredisciplinerelatedknowledge4. Knowledge of research principles andmethods relevant to analysing, resolvingand reporting on complex accountingand related problems.Acquire knowledge ofresearch principles andmethodsSKILLSGraduates of theMPA will have:5. Cognitive skills to identify appropriatebodies of knowledge applicable tosolving non-routine and complexproblems in accounting and relatedfields.Solve non-routine andcomplex accountingand business problems6. Cognitive, technical and creative skills inaccounting to synthesise complexinformation and apply relevant theory todevelop appropriate strategic, legal andethical responses to commercial issues.Integrate theory tocommercial practice7. Advanced technical research skills toinvestigate complex accountingproblems and arrive at practicalsolutions in a professional andcommercial context consistent with legalrequirements and ethical standards.Research and findsolutions to accountingproblems in complexprofessional settings8. Communication skills to inform, discussand manage stakeholder interests inprofessional and commercial settings.Communicateeffectively inprofessional settings9. Advanced professional capabilities,ethical frameworks, leadership skillsand strategic thinking skills suitable forprofessional and commercial practice.Professional, ethical,leadership andstrategicskills Page 19 APPLICATION OFKNOWLEDGEAND SKILLSGraduates of theMPA willdemonstrate theapplication ofknowledge andskills:10. In accounting and related fields withstrong ethical, leadership and strategicpurpose.Apply knowledge andskills ethically andstrategically11. With creativity and initiative to newsituations in accounting practice.Apply knowledge andskills creatively12. To plan and complete tasks requiringtechnical research ability.Apply technicalresearch knowledgeand skills13. In both team and individual worksettings with a high level of personalautonomy and accountability.Apply knowledge andskills withaccountability14. In a life-long learning context tomaintain comprehension and currencyof the body of accounting knowledge.Maintain knowledgeand skills through lifelonglearning
