Compliance and Risk
Duration
- One Semester or equivalent
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning.
Prerequisites
NilCorequisites
LAW80008 Corporate GovernanceAims and objectives
Unit Learning Outcomes (ULO)
On successful completion of this unit students will be able to:
1 Critically analyse corporate governance, accountability and compliance in relation to risk.2 Critically analyse the operation of the Australian legislative and regulatory frameworks as they relate to compliance and risk in context.
3 Demonstrate advanced knowledge of risk and compliance frameworks and policies to an international context.
4 Demonstrate developed knowledge of codes of practice, principles and standards of compliance and risk management as appropriate to context.
5 Communicate proficiently in professional practice to a variety of audiences, function as an effective member or leader of a team.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
• Scheduled teaching and learning events and activities (contact hours timetabled in a face-to-face teaching space) and scheduled online learning events (contact hours scheduled in an online teaching space), and
• Non-scheduled learning events and activities (including directed online learning activities, assessments, independent study, student group meetings, and research)
To be successful, students should:
• Read all prescribed materials and/or view videos in preparation for each class
• Attend and engage in all scheduled classes (face to face or online)
• Start assessment tasks well ahead of the due date, and submit assessments promptly
• Read / listen to all feedback carefully, and consider it for future assessment
• Engage with fellow students and teaching staff (don’t hesitate to ask questions)
Assessment
| Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
| Assignment 1 | Individual | 10-20% | 1,2,3 |
| Assignment 2 | Individual | 40-60% | 1,2,3,4 |
| Assignment 3 | Group | 30-40% | 1,2,3,4,5 |
Content
- Definitions and concepts of corporate governance, responsibility, accountability, compliance and control in relation to risk
- The nature of risk management and compliance and the impact across the organisation
- Risk and compliance models
- Compliance, legislative and regulatory framework
- Social responsibility and responsiveness – the law and ethics
- Implications of international risk and compliance frameworks and principles for multinational organisations
- Codes of practice, principles, standards and recommendations to manage risk
- Risk auditing and reporting frameworks, requirements and practices
Study resources
- Reading materials.