acc3grm governance and risk management
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
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Lecture notes and other miscellanous readings as advised in class and on LMS | Prescribed | N/A | N/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…
Melbourne, 2018, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorLachlan McDonald-Kerr
Class requirements
LectureWeek: 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.
TutorialWeek: 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 element | Comments | % | 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 |