LAW06019 2016 Business Law for Accountants 1

General Details

Full Title
Business Law for Accountants 1
Transcript Title
Business Law 1
N/A %
Subject Area
LAW - Law
BUS - Business
06 - NFQ Level 6
05 - 05 Credits
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
John Creed, Ruth Walsh
Programme Membership
SG_BFINA_H08 201600 Bachelor of Business (Honours) in Business in Finance and Investment SG_BEMBE_G07 201600 Bachelor of Business Embedded Award BB L7 in Finance and Investment SG_BEMBE_G06 201600 Higher Certificate in Business in Embedded Award BB(Hons) Finance and Investment SG_BACCO_H08 201800 Bachelor of Arts (Honours) in Business in Accounting L8 SG_BACCO_C06 201900 Higher Certificate in Business in Business in Accounting L6

The purpose of this course is to give the student an introduction to the Irish and European legal systems. The student will be introduced to the basic principles in law, which are essential in the commercial environment. It is intended that this module will create an awareness of where legal expertise may need to be sought.

Learning Outcomes

On completion of this module the learner will/should be able to;


Describe the system of administration of justice in Ireland in relation to both civil and criminal law; 


Distinguish between Irish and European laws and assess their impact on Irish business activities;


Apply the fundamental principles of contract law and tort law to facilitate informed decisions in the commercial environment;


Recognise key factors which will influence decision making within a complex legal environment;


Demonstrate the ability to cooperate and work effectively with peers.

Teaching and Learning Strategies

This module will be delivered by lecture and tutorial support as appropriate.  The learner will be supported in developing an understanding of the theory and key principles in this area and how these apply in the commercial environment. Reference will be made to case study material to support this objective.

Module Assessment Strategies

This module will be assessed by Continuous Assessment (20%) during the semester and by an end of semester exam (80%). 

Repeat Assessments

Repeat assessments will be developed as appropriate to assess failed elements.

Indicative Syllabus

1.     Introduction to the Irish and European legal systems

  • Differences between civil and criminal law;
  • Sources of law, the Irish Constitution, Separation of Powers;
  • Personnel of the law and the Irish court system;
  • The importance of European Union law in relation to our legal system.

2.     The fundamental principles of contract law 

  • The essential elements of a legally binding contract;
  • Differentiate between the various terms of a contract;
  • Exemption clauses and contracts in restraint of trade;
  • Understand how contracts can be discharged;
  • Appropriate remedies in instances of breach of contract;
  • Electronic contracts.

3.     The fundamental principles of tort law 

  • The basic principles of the law of negligence;
  • Professional negligence and in particular how it relates to accountants/auditors;
  • The key factors in relation to employers' liability and product liability;
  • The defences that may be used to defend an action in negligence and the remedies available.

4.     Business Ethics and Regulation

  • Ethical and social responsibilities.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
20 %
End of Semester / Year Formal Exam
80 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Written Report , Exam, case study, Other Continuous Assessment UNKNOWN 20 % Week 8 1,2,3,4,5
2 Continuous Assessment Weekly activities in class such as question and answer sessions, class discussion, case studies etc. Formative UNKNOWN - % OnGoing 1,2,3,4,5

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam UNKNOWN 80 % End of Term 1,2,3,4

Full Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom Class based instruction 4 Weekly 4.00
Independent Learning UNKNOWN Self Study 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Module Resources

Non ISBN Literary Resources

"Essentials of Irish Business Law" by Aine Keenan  - Gill & Macmillan;

"An Introduction to Business Law" by Vaeni Mac Donnell  - Chartered Accountants Ireland;

"Principles of Irish Law" by Brian Doolan  - Gill & Macmillan.

"Constitution of Ireland" - Government Publications Office.

Business Law, Law Society of Ireland - Oxford University Press.

URL Resources

Various legal, government and European websites such as:;;;;;;;;


Other Resources


Additional Information