acc3grm governance and risk management
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
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. 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…
Melbourne, 2017, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorLachlan McDonald-Kerr
Class requirements
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.
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.
Assessments
| Assessment element | Comments | % | 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 |