ACCA F4 - Learning Corporate and Business Law
0 views
Skip to first unread message
Sean Goudelocks
Jun 25, 2013, 6:54:29 PM6/25/13
to publish-the...@googlegroups.com
*****************************************************************
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Sean Goudelocks
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1846287
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1846287
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: ACCA F4 - Learning Corporate and Business Law
Author: Sean Goudelocks
Word Count: 551
Article URL: http://www.isnare.com/?aid=1846287&ca=Education
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1846287
Easy Publish Tool: http://www.isnare.com/html.php?aid=1846287
*********************** ARTICLE START ***********************
ACCA F4 tackles the basic guidelines of financial accounting, auditing and taxation. ACCA F4is concerned with the understanding of the legal system, particularly laws relating to the business. However, it should be remembered that ACCA F4 is a law exam for accountants and not for lawyers. It is intended for accountants� reference so that they may recognize special situations where legal advice should be sought. The exam is not designed to expect the participants to know every aspect of the law by hand; instead it aims to develop well-informed accountants who follow the boundaries of the law.
Syllabus of ACCA F4
Essential elements of the legal system
Basic law concepts are tackled in the syllabus including the definition of law and how the government administers its powers. It also covers the difference between criminal and civil law, civil law and common law, and between private and public law. Most business laws are related to civil laws which cover the law that protects the duties and rights of person to each other.
Contract
A contract is an agreement that is legally binding to both parties. The law on obligations and contract is an essential part of ACCA F4 which focuses on the requirements for a document to be legally binding, what the valid contracts are, under which set of circumstances are these contracts breached and what possible remedies are available to the injured party.
Tort
The basis of tort lies in the duty of all people not to harm others. The negligence of tort will negatively impact individuals, professionals and businesses. It is therefore important to know and understand the limit of a person under the law. Identifying such circumstances which breaches the duty of tort is helpful in knowing when to bring the case to court.
Employment law
Both employees and employers have duties. In ACCA F4, it is important for an accountant to know these duties since most misunderstandings occur in not fully understanding the contents of these contracts.
Formation and consolidation of business organizations
This study covers the various legal forms of business and their main distinctions. The difference between a natural person and legal person, an entity that is created by the law, should be emphasized in the study. The law of agency is an important concept since it tackles the duties and responsibilities of partners and directors who can act as agents.
Capital and financing companies
It is important to know the minimum required legal capital of a certain type of business. The shareholder�s responsibility to provide the company with necessary funds is tackled in ACCA F4. The rules that regulate appointment, disqualification, remuneration and the powers of the directors are clearly defined in the syllabus. Since most conflicts arise from not knowing these rules, it is important to fully understand its boundaries.
Legal implications
When companies are at the point of insolvency, it is helpful to know certain procedures that will help the company acquire a �breathing space� while resolving the problem. However, there are also instances where the business can no longer be saved regardless if the company has enough funds or not.
About The Author: If you are looking for information on ACCA F4 click on the link. Or visit http://www.the-acca.com/acca/acca-f4.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1846287
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Sean Goudelocks
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1846287
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1846287
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: ACCA F4 - Learning Corporate and Business Law
Author: Sean Goudelocks
Word Count: 551
Article URL: http://www.isnare.com/?aid=1846287&ca=Education
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1846287
Easy Publish Tool: http://www.isnare.com/html.php?aid=1846287
*********************** ARTICLE START ***********************
ACCA F4 tackles the basic guidelines of financial accounting, auditing and taxation. ACCA F4is concerned with the understanding of the legal system, particularly laws relating to the business. However, it should be remembered that ACCA F4 is a law exam for accountants and not for lawyers. It is intended for accountants� reference so that they may recognize special situations where legal advice should be sought. The exam is not designed to expect the participants to know every aspect of the law by hand; instead it aims to develop well-informed accountants who follow the boundaries of the law.
Syllabus of ACCA F4
Essential elements of the legal system
Basic law concepts are tackled in the syllabus including the definition of law and how the government administers its powers. It also covers the difference between criminal and civil law, civil law and common law, and between private and public law. Most business laws are related to civil laws which cover the law that protects the duties and rights of person to each other.
Contract
A contract is an agreement that is legally binding to both parties. The law on obligations and contract is an essential part of ACCA F4 which focuses on the requirements for a document to be legally binding, what the valid contracts are, under which set of circumstances are these contracts breached and what possible remedies are available to the injured party.
Tort
The basis of tort lies in the duty of all people not to harm others. The negligence of tort will negatively impact individuals, professionals and businesses. It is therefore important to know and understand the limit of a person under the law. Identifying such circumstances which breaches the duty of tort is helpful in knowing when to bring the case to court.
Employment law
Both employees and employers have duties. In ACCA F4, it is important for an accountant to know these duties since most misunderstandings occur in not fully understanding the contents of these contracts.
Formation and consolidation of business organizations
This study covers the various legal forms of business and their main distinctions. The difference between a natural person and legal person, an entity that is created by the law, should be emphasized in the study. The law of agency is an important concept since it tackles the duties and responsibilities of partners and directors who can act as agents.
Capital and financing companies
It is important to know the minimum required legal capital of a certain type of business. The shareholder�s responsibility to provide the company with necessary funds is tackled in ACCA F4. The rules that regulate appointment, disqualification, remuneration and the powers of the directors are clearly defined in the syllabus. Since most conflicts arise from not knowing these rules, it is important to fully understand its boundaries.
Legal implications
When companies are at the point of insolvency, it is helpful to know certain procedures that will help the company acquire a �breathing space� while resolving the problem. However, there are also instances where the business can no longer be saved regardless if the company has enough funds or not.
About The Author: If you are looking for information on ACCA F4 click on the link. Or visit http://www.the-acca.com/acca/acca-f4.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1846287
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Reply all
Reply to author
Forward
0 new messages