Module Code: H7CLAF
Long Title Company Law for Accounting and Finance
Title Company Law for Accounting and Finance
Module Level: LEVEL 7
EQF Level: 6
EHEA Level: First Cycle
Credits: 5
Module Coordinator: KAREN MURRAY
Module Author: KAREN MURRAY
Departments: School of Business
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Distinguish between different types of business organisations.
LO2 Demonstrate a comprehensive understanding of the benefits and limitations of incorporation.
LO3 Describe and explain how companies are managed, administered and regulated.
LO4 Analyse the legal implications relating to insolvency.
LO5 Explain and apply the law relating to the employment relationship.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements

Programme entry requirements  
 

Module Content & Assessment

Indicative Content
Business Organisations
• Agency law – role, formation, authority, termination. • Sole traders – formation, liability. • Partners – formation, authority, liability, dissolution.
Company Formation
• Advantages and disadvantages of incorporation. • Types of Corporations. • Company formation. Corporate personality and disregarding separate legal personality.
Company Administration
• Types of Directors. • Duties of Directors and consequences of breach of duty. • Directors' indemnities. • Restriction and disqualification orders. • Removal. • Personal liability. • Other company officers - duties and liabilities.
Shares, Capital and Company Borrowing
• Shares and membership. • Meetings. • Transfers of Shares. • Maintenance of Capital. • Protection of Minorities. • Charges.
Insolvency and Rescue
• Receivers - appointment, powers, duties, regulation and enforcement of duties. • Winding up - Court winding up, members winding up, creditors winding up, conduct of a winding up, realisation of assets, distribution, liquidators, contributories, committee of inspection, courts powers, offences by officers. • Examinership - appointment, powers and liability. • Fraudulent and criminal behaviour.
Aspects of Employment Law
• Contracts for services and contracts of employment. • Statutory protection of employees. • Dismissal - wrongful, unfair dismissal, redundancy.
Assessment Breakdown%
Coursework30.00%
End of Module Assessment70.00%

Assessments

Full Time

Coursework
Assessment Type: Continuous Assessment % of total: 30
Assessment Date: n/a Outcome addressed: 1,2,3
Non-Marked: No
Assessment Description:
The assessment may comprise of a problem scenario in which students may be required to apply legal theory to a practical situation; or a requirement to examine and discuss a piece of legislation and/or a relevant case; or a requirement to discuss a topical legal issue. Candidates are required to complete the assessment in class or at home.
End of Module Assessment
Assessment Type: Terminal Exam % of total: 70
Assessment Date: End-of-Semester Outcome addressed: 1,2,3,4,5
Non-Marked: No
Assessment Description:
Final Examination
No Workplace Assessment
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
Reassessment Description
Candidates will attempt the repeat assessment for the module, if they do not successfully pass the module. Learners are required to attempt all assessments attaching to a module. For those modules where all learning outcomes are assessable with a final examination, the student does not have to re-sit failed individual CA components.

NCIRL reserves the right to alter the nature and timings of assessment

 

Module Workload

Module Target Workload Hours 0 Hours
Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Classroom and demonstrations 2 Every Week 2.00
Lecturer Supervised Learning Mentoring and small-group tutoring 1 Every Week 1.00
Directed Learning Directed e-learning 3 Every Week 3.00
Independent Learning Independent learning 8 Every Week 8.00
Total Weekly Contact Hours 6.00
 

Module Resources

Recommended Book Resources
  • Keenan A.. (2012), Essentials of Irish Business Law, 6th Ed.. 25,30, 31, Gill & McMillan, Dublin.
  • Callanan G.. (2015), An Introduction to Irish Company Law, Gill and MacMillan, Dublin.
Supplementary Book Resources
  • Faulkner M. (2018), Essentials of Irish Labour Law, 3rd Ed. Gill & McMillan, Dublin.
  • Hutchinson G. B. (2016), Keane on Company Law, 5th Ed. Bloomsbury Professional, Dublin.
  • Courtney T. (2016), The Law of Companies, Bloomsbury Professional, Dublin.
This module does not have any article/paper resources
Other Resources
  • [List of websites - see sample assessments], Unavailable.
Discussion Note: