PMM1010 - Introductory business law and accounting for non-business students

Leader: John Rice

Offered

Caulfield First semester 2007 (Day)

Synopsis

This unit will introduce students to the legal framework that regulates business practice, with special emphasis on the areas of law relevant to psychologists working in either marketing or management related occupations. It will also introduce the students to accounting principles and reporting practices from a user perspective for both internal and external users' requirements.

Objectives

The learning objectives of this unit are to:

• explain how the general business legal system operates in Australia;
• consider laws relating to the employment of staff, marketing activities and financial reporting by corporations;
• apply financial and management accounting principles in the preparation of financial statements;
• measure performance, financial position, liquidity and risk indicators of particular businesses;
• apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with legal and accounting issues.

Assessment

Assignment(s): 50%
Examination (3 hours): 50%

Contact hours

3 hours per week

Prerequisites

Students must be enrolled in the Bachelor of Psychology and Management/Marketing course.