Faculty of Business and Economics

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Monash University Handbook 2011 Undergraduate - Unit

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.

FacultyFaculty of Business and Economics
OfferedNot offered in 2011
Coordinator(s)Mr John Rice


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.


The learning goals associated with this unit are to:

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


Within semester assessment: 50%
Examination (3 hours): 50%

Chief examiner(s)

Lorena Mitrione

Contact hours

3 hours per week


Students must be enrolled in course 2601 to undertake this unit


Students must be enrolled in course 2601 to undertake this unit