Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
The prime objective of this unit is for students to understand the need for creating a collective set of values within an organisational business ethics framework and to understand how ethics can impact business profitability. The unit will also equip students with an understanding of business in relation to the community’s ethical framework, including concepts of transparency and social responsibility. Students will be exposed to various aspects of governance which include the governance environment of South African companies, the auditor and their duties within a company, financial records and reporting and the auditor’s liability both civilly and criminally.
The unit summarises the identification mitigation and management of risk within an organisation. Through the introduction of this unit, students will gain the basic understanding of how different types of companies operate, how shareholders and directors participate and contribute to the running and progress of the company.
Within semester assessment: 50%
Minimum total expected workload to achieve the learning outcomes for this unit is 150 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.