GOVERNANCE AND RISK MANAGEMENT

ACC3GRM

2018

Credit points: 15

Subject outline

Governance refers to structures and processes designed to ensure accountability, transparency, and the management of operational risks within organisations. In this subject, you will gain an understanding of key theoretical and practical elements of governance and risk management in the contemporary commercial environment. You will focus on topics such as ethics, risk management frameworks, internal control frameworks, director duties, business reconstructions, fraud risks, and financial crime.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorLachlan McDonald-Kerr

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites ACC2CRE

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsLecture notes and other miscellanous readings as advised in class and on LMSPrescribedN/AN/A

Graduate capabilities & intended learning outcomes

01. Describe and analyse governance, risk management and ethics.

Activities:
Class discussions and weekly class exercises
Related graduate capabilities and elements:
Literacies and Communication Skills (Speaking)
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

02. Discuss and interpret risk management procedures and risk management frameworks.

Activities:
Class discussions and weekly class exercises
Related graduate capabilities and elements:
Literacies and Communication Skills (Speaking)
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

03. Identify and apply internal control processes and internal control frameworks.

Activities:
Class discussions and weekly class exercises
Related graduate capabilities and elements:
Literacies and Communication Skills (Speaking)
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

04. Define and analyse the roles and duties of directors.

Activities:
Class discussions and weekly class exercises
Related graduate capabilities and elements:
Literacies and Communication Skills (Speaking)
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

05. Explain and differentiate types of business reconstructions, fraud risks and financial crimes.

Activities:
Class discussions and weekly class exercises
Related graduate capabilities and elements:
Literacies and Communication Skills (Speaking)
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
one 1-hour in-class examination (1,000-word equivalent)Individual assessment.25 01, 02, 03
one 10-min oral presentation (500-word equivalent)Group assessment.15 03, 04, 05
one 3-hour final examination (3,000-word equivalent)Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject.60 01, 02, 03, 04, 05