Module Content

A Essential elements of the legal system of Cyprus

1. Court structure
2. Sources of law
3. Human rights
4. Personal and commercial data protection
5. Relationships between law and ethics

B The law of obligations

1. Formation of contracts
2. Content of contracts
3. Breach of contract and remedies
4. The law of torts
5. Professional negligence
6. Whistleblowing and its implications

C Employment law

1. Contracts of employment
2. Dismissal and redundancy

D The formation and constitution of business organisations

1. Agency law
2. Partnerships
3. Corporations and legal personality
4. Company formations
5. Separate legal entity
6. The corporate veil

E Sustainable governance and ethical issues

1. Role of ethics in business and sustainable governance
   Identification of threats to ethical compliance in governance and business practices
2. Public interest and business trust
3. Accounting professional bodies’ (e.g. ICAEW, ACCA, CIMA) regulatory role and contribution to maintaining public trust.
4. Key sustainability regulations and policies applicable to accountants6. Accounting professional bodies’Code of Ethics and their fundamental principles
5. Relationship between ethics and sustainability

Teaching Methods

The module will be delivered via weekly lectures and seminars.

The purpose of lectures is to introduce a topic, define its scope and illustrate the principles of law concerned through case analysis, exposition, as well as the use of illustrative examples. The lectures aim to equip students with a broad sketch of the main issues pertaining to a topic, which would provide a framework to develop on, and answer seminar questions prior to the seminar. Further, a discussion of past examination questions is a must upon the completion of each legal topic, enabling students to understand how the legal principles can be applied to given legal situations.

The aim of seminars is to demonstrate preparation and understanding of a topic through guided reading, preparation of set questions, and discussion and argument with peers in small group situations. Students are encouraged to lead discussions to develop their ability to contribute confidently to class discussions.

The assessment strategy is designed to allow students to gain proficiency in the fundamental technical and computational aspects of the subject. It is also designed meet the Accountancy Professional Bodies exemption criteria as well as test the width and depth of a student’s knowledge.

Formative feedback on seminar and practice questions is provided to students on a weekly basis, with additional support available in the timetabled Technical Support Workshops.

Through the learning and teaching activities, the module embeds employability skills development, support for personal development planning in relation to employability, the provision of careers education, information and guidance; and recognition of skills development through extra-curricular PDP activities via student membership of the relevant professional body.

Assessment Methods

This module is assessed through a two Written Examinations (25% and 75%)