units

BTX5090

Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Business Law and Taxation
OfferedNot offered in 2013
Coordinator(s)Ms Shelley Marshall

Synopsis

This unit examines the laws governing not for profit organisations including corporations law, Incorporated Associations Acts, tax law, trusts and the roles of various regulators. It also explores various techniques of good governance -- going beyond legal compliance -- including board procedure, reporting, stakeholder engagement and accountability.

Outcomes

The learning goals associated with this unit are to:

  1. have a sound understanding of the existing regulatory framework for not for profit organisations, including associations, corporate, trust and tax laws, and how this framework both differs from and overlaps with business organisations
  2. have a good understanding of the role and diversity of the not for profit sector in the Australian economy
  3. have an appreciation of the unique governance challenges facing directors and managers of NFP organisations given the range of stakeholders and volunteers
  4. have a good understanding of the regulatory challenges for this diverse sector, including the policy elements of a regulatory environment which might be conducive to an accountable and healthy not for profit sector
  5. appreciate the variety of techniques of good governance -- going beyond legal compliance -- including board procedure, reporting, stakeholder engagement and accountability.

Assessment

Within semester assessment: 20%
Take home examination or Research paper: 80%

Chief examiner(s)

Contact hours

3 hours per week