AYN482 The Rules of Business: Law in Action
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | AYN482 |
|---|---|
| Equivalent(s): | AYN456 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
Unit Outline: Semester 1 2027, Gardens Point, Internal
| Unit code: | AYN482 |
|---|---|
| Credit points: | 12 |
| Equivalent: | AYN456 |
Overview
This foundational unit introduces you to Australia’s legal environment and the core principles of business and corporate law. You will develop a functional understanding of the legal system and learn how legal reasoning supports effective and ethically responsible decision-making in business contexts, including consideration of the broader societal impact of these decisions, affecting, for example, Aboriginal and Torres Strait Islander communities or the environment. The unit also builds your legal research and analytical skills, preparing you to navigate complex regulatory frameworks and apply legal concepts to real-world scenarios. Designed as a first-year unit in the Master of Professional Accounting program, this unit provides you with essential knowledge for advanced study in taxation and professional practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate a coherent, extensive, current theoretical and practical content knowledge of Australian business and corporate law, including the ability to describe the relevant sections, cases and principles of Australian business and corporations law. [KS 1.1, SE 5.1]
- Employ conceptual frameworks within which to analyse, discuss and resolve problems and issues relating to Australian business and corporations law. [HO 2.2, SE 5.1]
- Analyse and explain the dynamic nature of corporate laws which impact on the legal rights and obligations of all key stakeholders in the company, with reference to real-world challenges, such as sustainability, cultural appropriation, and cyber risk. [HO 2.1, SE 5.2]
- Use written communication skills to analyse and discuss issues relating to Australian business and corporations law. [PC 3.1]Relates to: PG Business Capabilities 2027: PC (3.1)
Content
In this unit, you will be introduced to the Australian legal system and explore how legal principles apply to everyday business decisions. You will examine key areas of law and learn how legal frameworks shape the business and corporate landscape. Legal reasoning and analysis are developed through practical case studies and real-world applications.
You will also consider the ethical dimensions of legal practice, including consumer protection and responsible decision-making. Aboriginal and Torres Strait Islander perspectives and environmental sustainability are integrated to encourage reflection on the broader social and ecological impacts of legal frameworks in business.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you in meeting the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
This unit is designed to promote and assess understanding of core legal concepts and principles, along with the analysis and reasoning skills required for effective and ethically responsible decision-making. Content includes not only concept and knowledge delivery but also the application of material covered through problem-based scenarios. You will have the opportunity to develop and demonstrate your competence through active participation in the weekly teaching activities, which will focus on addressing key concepts.
You are expected to regularly monitor your unit Canvas site for unit announcements, learning material updates, and assessment information.
In this unit, feedback will be provided by census in the form of optional formative quizzes.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g., criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessment is designed to support and reflect students' progress against the learning outcomes for this unit, providing both:
- feedback on your learning as you progress toward the development of knowledge, understanding, skills, and attitudes (formative assessment); and
- capacity to demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Problem Solving Question
In this assessment, you will explore a real-life fact situation involving the application of legal principles, the identification of governing law and legislation, and the balancing of competing commercial dynamics. You will make a recommendation on the best course of action to resolve the matter.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.1), SE (5.1)
Assessment: Final Exam
This examination will assess your understanding of Topics 6-12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Nickolas James, Ellie Chapple, Richard Baumfield, Richard Copp, Robert Cunningham , Akshaya Kamalnath, Louise Floyd, Alex Wong, Business and Company Law. (3rd Edition) Wiley
Reference book(s)
Jeff Fitzpatrick, Christopher Symes, Angelo Veljanovski, David Parker, Business and Corporations Law. (5th Edition) LexisNexis
Other
Additional references can be found on the unit's Canvas site
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO3, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Problem Solving Question, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Problem Solving Question, Final Exam
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Problem Solving Question, Final Exam
SE (5.1): Ethical and Legal Understanding
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO3, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Relates to: ULO4, Problem Solving Question, Final Exam - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate real-world accounting issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO3, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO4, Problem Solving Question - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex accounting issues.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
Unit Outline: Semester 1 2027, Online
| Unit code: | AYN482 |
|---|---|
| Credit points: | 12 |
| Equivalent: | AYN456 |
Overview
This foundational unit introduces you to Australia’s legal environment and the core principles of business and corporate law. You will develop a functional understanding of the legal system and learn how legal reasoning supports effective and ethically responsible decision-making in business contexts, including consideration of the broader societal impact of these decisions, affecting, for example, Aboriginal and Torres Strait Islander communities or the environment. The unit also builds your legal research and analytical skills, preparing you to navigate complex regulatory frameworks and apply legal concepts to real-world scenarios. Designed as a first-year unit in the Master of Professional Accounting program, this unit provides you with essential knowledge for advanced study in taxation and professional practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate a coherent, extensive, current theoretical and practical content knowledge of Australian business and corporate law, including the ability to describe the relevant sections, cases and principles of Australian business and corporations law. [KS 1.1, SE 5.1]
- Employ conceptual frameworks within which to analyse, discuss and resolve problems and issues relating to Australian business and corporations law. [HO 2.2, SE 5.1]
- Analyse and explain the dynamic nature of corporate laws which impact on the legal rights and obligations of all key stakeholders in the company, with reference to real-world challenges, such as sustainability, cultural appropriation, and cyber risk. [HO 2.1, SE 5.2]
- Use written communication skills to analyse and discuss issues relating to Australian business and corporations law. [PC 3.1]Relates to: PG Business Capabilities 2027: PC (3.1)
Content
In this unit, you will be introduced to the Australian legal system and explore how legal principles apply to everyday business decisions. You will examine key areas of law and learn how legal frameworks shape the business and corporate landscape. Legal reasoning and analysis are developed through practical case studies and real-world applications.
You will also consider the ethical dimensions of legal practice, including consumer protection and responsible decision-making. Aboriginal and Torres Strait Islander perspectives and environmental sustainability are integrated to encourage reflection on the broader social and ecological impacts of legal frameworks in business.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you in meeting the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
This unit is designed to promote and assess understanding of core legal concepts and principles, along with the analysis and reasoning skills required for effective and ethically responsible decision-making. Content includes not only concept and knowledge delivery but also the application of material covered through problem-based scenarios. You will have the opportunity to develop and demonstrate your competence through active participation in the weekly teaching activities, which will focus on addressing key concepts.
You are expected to regularly monitor your unit Canvas site for unit announcements, learning material updates, and assessment information.
In this unit, feedback will be provided by census in the form of optional formative quizzes.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g., criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessment is designed to support and reflect students' progress against the learning outcomes for this unit, providing both:
- feedback on your learning as you progress toward the development of knowledge, understanding, skills, and attitudes (formative assessment); and
- capacity to demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Problem Solving Question
In this assessment, you will explore a real-life fact situation involving the application of legal principles, the identification of governing law and legislation, and the balancing of competing commercial dynamics. You will make a recommendation on the best course of action to resolve the matter.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.1), SE (5.1)
Assessment: Final Exam
This examination will assess your understanding of Topics 6-12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Nickolas James, Ellie Chapple, Richard Baumfield, Richard Copp, Robert Cunningham , Akshaya Kamalnath, Louise Floyd, Alex Wong, Business and Company Law. (3rd Edition) Wiley
Reference book(s)
Jeff Fitzpatrick, Christopher Symes, Angelo Veljanovski, David Parker, Business and Corporations Law. (5th Edition) LexisNexis
Other
Additional references can be found on the unit's Canvas site
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO3, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Problem Solving Question, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Problem Solving Question, Final Exam
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Problem Solving Question, Final Exam
SE (5.1): Ethical and Legal Understanding
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO3, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Relates to: ULO4, Problem Solving Question, Final Exam - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate real-world accounting issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO3, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO4, Problem Solving Question - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex accounting issues.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
Unit Outline: Semester 2 2027, Gardens Point, Internal
| Unit code: | AYN482 |
|---|---|
| Credit points: | 12 |
| Equivalent: | AYN456 |
Overview
This foundational unit introduces you to Australia’s legal environment and the core principles of business and corporate law. You will develop a functional understanding of the legal system and learn how legal reasoning supports effective and ethically responsible decision-making in business contexts, including consideration of the broader societal impact of these decisions, affecting, for example, Aboriginal and Torres Strait Islander communities or the environment. The unit also builds your legal research and analytical skills, preparing you to navigate complex regulatory frameworks and apply legal concepts to real-world scenarios. Designed as a first-year unit in the Master of Professional Accounting program, this unit provides you with essential knowledge for advanced study in taxation and professional practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate a coherent, extensive, current theoretical and practical content knowledge of Australian business and corporate law, including the ability to describe the relevant sections, cases and principles of Australian business and corporations law. [KS 1.1, SE 5.1]
- Employ conceptual frameworks within which to analyse, discuss and resolve problems and issues relating to Australian business and corporations law. [HO 2.2, SE 5.1]
- Analyse and explain the dynamic nature of corporate laws which impact on the legal rights and obligations of all key stakeholders in the company, with reference to real-world challenges, such as sustainability, cultural appropriation, and cyber risk. [HO 2.1, SE 5.2]
- Use written communication skills to analyse and discuss issues relating to Australian business and corporations law. [PC 3.1]Relates to: PG Business Capabilities 2027: PC (3.1)
Content
In this unit, you will be introduced to the Australian legal system and explore how legal principles apply to everyday business decisions. You will examine key areas of law and learn how legal frameworks shape the business and corporate landscape. Legal reasoning and analysis are developed through practical case studies and real-world applications.
You will also consider the ethical dimensions of legal practice, including consumer protection and responsible decision-making. Aboriginal and Torres Strait Islander perspectives and environmental sustainability are integrated to encourage reflection on the broader social and ecological impacts of legal frameworks in business.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you in meeting the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
This unit is designed to promote and assess understanding of core legal concepts and principles, along with the analysis and reasoning skills required for effective and ethically responsible decision-making. Content includes not only concept and knowledge delivery but also the application of material covered through problem-based scenarios. You will have the opportunity to develop and demonstrate your competence through active participation in the weekly teaching activities, which will focus on addressing key concepts.
You are expected to regularly monitor your unit Canvas site for unit announcements, learning material updates, and assessment information.
In this unit, feedback will be provided by census in the form of optional formative quizzes.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g., criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessment is designed to support and reflect students' progress against the learning outcomes for this unit, providing both:
- feedback on your learning as you progress toward the development of knowledge, understanding, skills, and attitudes (formative assessment); and
- capacity to demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Problem Solving Question
In this assessment, you will explore a real-life fact situation involving the application of legal principles, the identification of governing law and legislation, and the balancing of competing commercial dynamics. You will make a recommendation on the best course of action to resolve the matter.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.1), SE (5.1)
Assessment: Final Exam
This examination will assess your understanding of Topics 6-12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Nickolas James, Ellie Chapple, Richard Baumfield, Richard Copp, Robert Cunningham , Akshaya Kamalnath, Louise Floyd, Alex Wong, Business and Company Law. (3rd Edition) Wiley
Reference book(s)
Jeff Fitzpatrick, Christopher Symes, Angelo Veljanovski, David Parker, Business and Corporations Law. (5th Edition) LexisNexis
Other
Additional references can be found on the unit's Canvas site
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO3, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Problem Solving Question, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Problem Solving Question, Final Exam
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Problem Solving Question, Final Exam
SE (5.1): Ethical and Legal Understanding
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO3, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Relates to: ULO4, Problem Solving Question, Final Exam - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate real-world accounting issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO3, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO4, Problem Solving Question - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex accounting issues.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
Unit Outline: Semester 2 2027, Online
| Unit code: | AYN482 |
|---|---|
| Credit points: | 12 |
| Equivalent: | AYN456 |
Overview
This foundational unit introduces you to Australia’s legal environment and the core principles of business and corporate law. You will develop a functional understanding of the legal system and learn how legal reasoning supports effective and ethically responsible decision-making in business contexts, including consideration of the broader societal impact of these decisions, affecting, for example, Aboriginal and Torres Strait Islander communities or the environment. The unit also builds your legal research and analytical skills, preparing you to navigate complex regulatory frameworks and apply legal concepts to real-world scenarios. Designed as a first-year unit in the Master of Professional Accounting program, this unit provides you with essential knowledge for advanced study in taxation and professional practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate a coherent, extensive, current theoretical and practical content knowledge of Australian business and corporate law, including the ability to describe the relevant sections, cases and principles of Australian business and corporations law. [KS 1.1, SE 5.1]
- Employ conceptual frameworks within which to analyse, discuss and resolve problems and issues relating to Australian business and corporations law. [HO 2.2, SE 5.1]
- Analyse and explain the dynamic nature of corporate laws which impact on the legal rights and obligations of all key stakeholders in the company, with reference to real-world challenges, such as sustainability, cultural appropriation, and cyber risk. [HO 2.1, SE 5.2]
- Use written communication skills to analyse and discuss issues relating to Australian business and corporations law. [PC 3.1]Relates to: PG Business Capabilities 2027: PC (3.1)
Content
In this unit, you will be introduced to the Australian legal system and explore how legal principles apply to everyday business decisions. You will examine key areas of law and learn how legal frameworks shape the business and corporate landscape. Legal reasoning and analysis are developed through practical case studies and real-world applications.
You will also consider the ethical dimensions of legal practice, including consumer protection and responsible decision-making. Aboriginal and Torres Strait Islander perspectives and environmental sustainability are integrated to encourage reflection on the broader social and ecological impacts of legal frameworks in business.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you in meeting the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
This unit is designed to promote and assess understanding of core legal concepts and principles, along with the analysis and reasoning skills required for effective and ethically responsible decision-making. Content includes not only concept and knowledge delivery but also the application of material covered through problem-based scenarios. You will have the opportunity to develop and demonstrate your competence through active participation in the weekly teaching activities, which will focus on addressing key concepts.
You are expected to regularly monitor your unit Canvas site for unit announcements, learning material updates, and assessment information.
In this unit, feedback will be provided by census in the form of optional formative quizzes.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g., criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessment is designed to support and reflect students' progress against the learning outcomes for this unit, providing both:
- feedback on your learning as you progress toward the development of knowledge, understanding, skills, and attitudes (formative assessment); and
- capacity to demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Problem Solving Question
In this assessment, you will explore a real-life fact situation involving the application of legal principles, the identification of governing law and legislation, and the balancing of competing commercial dynamics. You will make a recommendation on the best course of action to resolve the matter.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.1), SE (5.1)
Assessment: Final Exam
This examination will assess your understanding of Topics 6-12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Nickolas James, Ellie Chapple, Richard Baumfield, Richard Copp, Robert Cunningham , Akshaya Kamalnath, Louise Floyd, Alex Wong, Business and Company Law. (3rd Edition) Wiley
Reference book(s)
Jeff Fitzpatrick, Christopher Symes, Angelo Veljanovski, David Parker, Business and Corporations Law. (5th Edition) LexisNexis
Other
Additional references can be found on the unit's Canvas site
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO3, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Problem Solving Question, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Problem Solving Question, Final Exam
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Problem Solving Question, Final Exam
SE (5.1): Ethical and Legal Understanding
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO3, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Relates to: ULO4, Problem Solving Question, Final Exam - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, Problem Solving Question, Final Exam - Critically investigate real-world accounting issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO3, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO2, Problem Solving Question, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO4, Problem Solving Question - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex accounting issues.
Relates to: ULO1, ULO2, Problem Solving Question, Final Exam - Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam