Course Brief

The syllabus aims 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

 

 


  • This course is offered in 67 hours

On successful completion of this paper candidates
should be able to:

  • 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.

Course Content

  • Essential elements of the legal system.
  • The law of obligations.
  • Employment law.
  • The formation and constitution of business organizations.
  • Capital and the financing of companies.
  • Management, administration and regulation of companies. 
  • Insolvency law.
  • Corporate fraudulent and criminal behaviour

The syllabus is assessed by:

  • A two-hour computer-based examination. 
  • The examination consists of:
    Section A
    – 25 x 2 mark objective test questions 50%
    o 20 x 1 mark objective test
    questions 20%

    Section B
    – 5 x 6 mark multi-task question 30%
    100%. 
  • All questions are compulsory.
  • The Association of Chartered Certified Accountants (ACCA)

    The Association of Chartered Certified Accountants (ACCA) offers a professional qualification, which has been recognised and respected across the world for over 100 years. ACCA is currently the largest British accountancy body with over 180,000 members and 480,000 students in 181 countries

    FIA/ACCA Study School 2017

  • The syllabus aims 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