Course Title: Corporations Law

Part A: Course Overview

Course Title: Corporations Law

Credit Points: 12

Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting & Law


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009


City Campus


615H Accounting & Law


Sem 1 2010

Course Coordinator: Melissa Simpson

Course Coordinator Phone: +61 3 9925 5756

Course Coordinator

Course Coordinator Location: Melbourne

Pre-requisite Courses and Assumed Knowledge and Capabilities

You need to have a basic understanding of the Australian legal system, and in particular, need to understand the legal principles relating to agency and trusts, contracts, negligence, and statute interpretation.
This knowledge is introduced in Business Law and further developed in Corporations Law. You are accordingly strongly recommended to have completed Business Law prior to enrolling in Company Law.

Course Description

This Course will enable you to acquire a basic understanding of the legal principles relating to and regulating registered companies. It aims to provide you with an understanding of the legal environment and ethical framework within which companies operate in Australia and internationally. You will be exposed to critical thinking about the socio-legal framework and legal and ethical standards underpinning the practice of accountancy and business in general.

Objectives/Learning Outcomes/Capability Development

Successful completion of this course means that you should have developed the following capabilities:
Analytical skills
Ability to use appropriate analytical skills to locate and access legal information from a variety of sources, discern its value and use, and use it to support decision making
Problem identification and solving skills
Identification of legal problems and the use of problem solving skills to analyse legal issues through the use of case studies. Ability to interpret statutory provisions and court decisions and use them appropriately to solve legal problems
Communication skills
Continued development of legal communication skills commenced in Business Law 
Lifelong learning skills
Develop the ability to understand the impact of new laws, to investigate new and emerging legal trends.

On completion of the course you should be able to:
• Effectively research electronic databases and Internet resources relevant to corporations law and extract meaningful information.
• Have an appreciation of aspects of the legal framework within which accountants and business professionals operate (including both the civil law and criminal law)
• Understand the Australian corporate legal framework, including sources of law, principles of statutory interpretation, relationship between common and statutory law, ethical principles, and other regulatory mechanisms, and gain an overview of legal frameworks in other jurisdictions.
• Exercise skills in legal methodology in selected areas of corporations law.
• Understand the underlying principles of a number of areas of law relevant to accounting practitioners and consultants and how to apply these principles in various situations.
• Develop awareness of how changes in the law may affect business strategies

Overview of Learning Activities

This course requires you to participate in various learning activities. These activities comprise the following:
• Engaging in legal research to analyse and provide advice on a hypothetical factual scenario
• Participation in class discussion
• Resolving ethical and legal questions within case study problems
• Preparing advice on hypothetical cases using the skills developed in this course.

Overview of Learning Resources

 You will be advised of the prescribed text for this course and other reading materials upon enrolment.  The RMIT Bookshop also has information about the texts used in this course.  Information will also be provided online using the Learning Hub of the Distributed Learning System (DLS). The DLS gives access to important announcements, staff contact details, the teaching schedule, assessment timelines and a variety of important teaching and learning materials. The Learning Hub of the DLS can be found at

Overview of Assessment

 Assessment may involve a combination of a final examination, in-class tests, research projects or case studies.