AF1U27 - Corporate and Business Law 01 Sep 2023 - 31 Aug 2026 | Version 1
Associated Module Information
| Module Code: | AF1U27 | ||
|---|---|---|---|
| Module Title: | Corporate and Business Law | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Jared Davies, Rebecca Smith | ||
| Module Team: | Nicola Gilbert | ||
| First Intended Intake: | SEP 2023 | Final Year of Intake: | 2025 |
| Date Closed: | |||
| Credit Value: | 30 | Credit Level: | 4 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100482 - business law | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 01 Sep 2023 |
| Valid To | 31 Aug 2026 |
Module Aims
This Corporate & Business Law module is based on the syllabi of two professional body modules – namely, ACCA’s Corporate & Business Law module (one of six modules at the ACCA Qualification Applied Skills Level) and ICAEW’s Law module (one of six modules at the ICAEW Certificate Level). Latest versions of professional body syllabi can be found at: ACCA: https://www.accaglobal.com/ca/en/student/exam-support-resources.html ICAEW: https://www.icaew.com/for-current-aca-students/exam-resources/certificate-level Successful completion of the internal assessments for this module will allow a student to claim exemption from ACCA’s Corporate & Business Law module OR from ICAEW’s Law module. Alternatively, following USW tuition students may opt to sit ACCA’s external examination. The main aims of this module are to develop knowledge and skills in the understanding of the general legal
framework and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
Content Summary
Corporate and Business Law is divided into eight core areas. The syllabus starts with an introduction to the overall English legal system such as the court system and sources of law – including – human rights legislation. It then leads into the area of the law of obligations including contract and tort, which underpin business transactions generally. The syllabus then covers a range of specific legal areas relating to various aspects of business of most concern to finance professionals. These are the law relating to employment and the law relating to companies.
These laws include the formation and constitution of companies, the financing of companies and types of capital, and the day-to-day management, the administration and regulation of companies and legal aspects of insolvency law. The final section deals with corporate fraudulent and criminal behaviour.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 50 |
| Independent Study | 90 |
| Directed Study | 150 |
| Formative Assessment - Scheduled | 10 |
| Total Hours Selected | 300 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | 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. |
| LO2 | Explain and apply the law relating to employment relationships. Distinguish between alternative forms and constitutions of business organisations. |
| LO3 | Recognise and compare types of capital and the financing of companies. Describe and explain how companies are managed, administered and regulated. |
| LO4 | Recognise the legal implications relating to insolvency law. |
| LO5 | Demonstrate an understanding of corporate fraudulent and criminal behaviour. |
| LO6 | Display competence in a range of soft/transferable skills. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment (Exam) | Onsite Closed Book Examination 1 | Scenario- based exam | 195 | N/A | 70 | No | 40 |
| Asynchronous Assessment | Essay 1 | Essay | 0 | 2000 | 30 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | |||||
|---|---|---|---|---|---|---|
| LO1 | LO2 | LO3 | LO4 | LO5 | LO6 | |
| Onsite Closed Book Examination 1 | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Essay 1 | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |