Award in Accountancy Law

Program Overview

The Award in Accountancy Law is a Level 5 qualification that equips learners with the legal framework surrounding accountancy and finance. It covers topics like employment law, business formation, and corporate governance. Assessed through exams, a project, and a reflective journal, the program aims to prepare individuals for careers in accountancy, finance, and legal fields. It is delivered face-to-face and work-based learning over two months.

Program Outline

Degree Overview:

The Award in Accountancy Law is a Level 5 qualification designed to equip learners with the necessary skills and knowledge to understand the legal framework surrounding accountancy and finance. The program covers various laws and regulations, including employment law, business establishment and operation, and corporate governance.

Objectives:

The program aims to enable learners to:

• Identify different aspects and sources of the legal system related to accountancy and finance.
• Monitor laws governing the formation and constitution of organizations, including financing types and insolvency laws.
• Recognize fraudulent or criminal corporate behavior in organizations.
• Understand and critically reflect on the key elements of the legal system and the main sources of law.
• Define and analyze the legal obligations of formulating a contract, including understanding the content of a contract and dealing with breaches and potential negligence.
• Recognise and compare share capital, loan capital, capital maintenance and other types of capital.
• Understand and assess the elements underpinning the formation, administration and management of companies.
• Understand and critically reflect on the elements of criminal and fraudulent behaviour in organisations.
• Distinguish between the elements of a legal system and sources of law which are relevant to accountancy and finance and explain the roles of the court structure.
• Apply the different components of the law of obligations to business, namely the formation of a contract, any breaches and remedies, the law of tort and professional negligence.
• Differentiate between the various aspects of a self-employment and employment relationship under employment law.
• Apply knowledge of dismissal and redundancy to real-life business scenarios, including the various remedies at law.
• Explain the steps necessary for the formation and constitution of business organisations, including partnerships and companies.
• Examine the impacts of various capital financing sources, insolvency law and corporate recovery on business organisations.
• Identify and apply the components of corporate fraudulent and criminal behaviour in business organisations.

Assessment:

The Award in Accountancy Law is assessed through a combination of:

• Individual Project: A practical project that allows learners to apply their knowledge to a real-world scenario.
• Reflective Journal: A journal where learners reflect on their learning journey and demonstrate their critical thinking skills.

Careers:

The program is intended for individuals who are aged 18+ and aspire to work or are already working in the finance field. It provides a strong foundation for careers in:

• Accountancy: Chartered Accountant, Certified Public Accountant, Management Accountant
• Finance: Financial Analyst, Investment Banker, Corporate Finance Manager
• Legal: Legal Assistant, Paralegal, Compliance Officer

Other:

• Awarding Body: Central Mediterranean Business School (CMBS)
• Accrediting Body: Malta Further and Higher Education Authority (MFHEA)
• Duration: 2 Months
• Starting: Oct 2024
• Credits: 12 ECTS/ECVET
• Full Price (EU Students): €995
• Up to €697 refunded via the Get Qualified Scheme.

• Delivery: Face-to-face & Work-based Learning
• Language: English
• Location: Central Mediterranean Business School, The Brewhouse, Mdina Road, Zone 2, Central Business District, Birkirkara CBD 2010, Malta