GOVERNANCE AND RISK MANAGEMENT

ACC3GRM

2017

Credit points: 15

Subject outline

Governance and risk management is designed to improve an organisations operations and outcomes that add value to a business. In this subject, you will gain an understanding of issues of governance and risk management; related issues such as ethics, enterprise risk management, internal audit, fraudulent activities, business crises; and other commercially grounded topics. You will focus on governance and risk management in an ever-changing business environment with the concepts being taken beyond the act of compliance within regulatory mandates.

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. Understand the underlying concepts of governance and risk management.

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. Describe the nature of ethics with regard to governance and risk management.

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. Discuss governance issues with regard to enterprise risk management and internal controls.

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 explain effective governance and risk management within the context of commercial matters such as fraud, directors# duties and financial statements.

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. Discuss and describe governance issues with regard to business reconstructions, financial crimes and criminology.

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, 2017, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

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.

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.

Assessments

Assessment elementComments% ILO*
One, Multiple Choice Quiz (in class, individual assessment, broadly equivalent to 1000 essay words)20 01, 02, 03, 04, 05
One, Oral Presentation (in class, group assessment, broadly equivalent to 750 essay words)20 01, 02, 03, 04, 05
One Final Examination (central exam, individual assessment, broadly equivalent to 2,250 essay words)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