Module Information
Course Delivery
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Problem-solving written answers | 25% |
| Semester Exam | 2 Hours Online Examination In person online examination in computer room | 75% |
| Supplementary Assessment | Problem-solving written answers | 25% |
| Supplementary Exam | 2 Hours Online Examination In person online examination in computer room | 75% |
Learning Outcomes
On successful completion of this module students should be able to:
1. Apply knowledge of business organisations, rules and procedures to advise on a business start up to meet a business’s objectives
2. Apply the rules and procedures necessary to ensure proper governance of a business and its compliance with statutory and other requirements
3. Apply the rules for the calculation, distribution and taxation of profits to meet a business’s objectives and ensure regulatory compliance
4. Apply understanding of business accounting to advise a business
5. Apply understanding of business finance to meet a business’s objectives
6. Apply understanding of the law and practice relating to business insolvency to meet a client’s objectives
7. Apply understanding of solicitors accounts to transations involving client money and money belonging to the authorised body.
8. Apply understanding of solicitors acounts to the preparation of ledgers and bank accounts; and to the payment of interest.
9. Apply understanding of solicitors accounts to accounting entries required; bills; obtaining and delivery of accountants' reports; obligations regarding record-keeping.
Brief description
Students are expected to draw on and apply knowledge from the following areas of law and practice:
Business organisations, rules and procedures.
Taxation of business organisations.
Solicitors' accounts.
Content
2. The management of a business and company decision making to ensure compliance with statutory and other legal requirements.
3. The interests, rights, obligations and powers of stakeholders in a business.
4. Financing a business.
5. The calculation, distribution and taxation of a business and its profits.
6. The termination of a solvent business, corporate insolvency and personal bankruptcy.
7. Solicitors Accounts: Transactions involving client money and money belonging to the authorised body.
8. Solicitors Accounts: Operation of ledgers and bank accounts; the payment of interest.
9. Solicitors Accounts: Accounting entries required; bills; obtaining and delivery of accountants’ reports; obligations regarding record-keeping.
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | Accounting skills |
| Communication | Central to all interactions on this module (core to the professional and ethical elements of the competency requirements) |
| Improving own Learning and Performance | Students will be presented with new and novel scenarios regularly in order to develop their ability to adapt the application of their legal knowledge. Feedback and feedforward sessions reflecting on performance in set tasks. |
| Information Technology | Computer-based assessment. Legal research via electronic databases. |
| Personal Development and Career planning | Practical and client-facing aspects of the module |
| Problem solving | Scenarios and case studies central to module delivery with students developing solutions. |
| Research skills | Central to problem-solving and decision making in the context of legal analysis. |
| Subject Specific Skills | Knowledge of business law and practice and solicitors' accounts |
| Team work | Many of the classroom exercises will require teamwork |
Notes
This module is at CQFW Level 6