APPLIES TO ACADEMIC YEAR 2014/2015

JUR 3641 Business Law for Accountants

Responsible for the course
Kari Birkeland

Department
Department of Accounting - Auditing and Law

Term
According to study plan

ECTS Credits
7,5

Language of instruction
Norwegian

Introduction
The aim of the course is to increase the students’ knowledge and understanding of the relevant legislation that they will be applying in their assignments related to the private business sector, organizations and the public sector.

Learning outcome
Acquired knowledge
The students will gain a basic understanding of the legal framework that is important in accounting.

Acquired skills
The students shall be able to identify legal issues and be capable of analyzing a problem complex on the basis of legal sources related to accounting tasks. The students shall be able to give an account of legal factors and responsibility related to accounting tasks in the private business sector, organizations and the public sector. They shall be able to identify legal problems and be capable of analyzing problem complexes on the basis of legal sources.

Reflection
The students shall also be aware of the grey area outside the clearly defined rules and the ethical principles established in legal standards in the legislation, and understand how these issues can be handled in practice.

Prerequisites
The course requires knowledge corresponding to the following courses or eqivalent:
JUR 3420 Business Law or JUR 3430 Marketing Law.

Compulsory reading
Books:
Bråthen, Tore. 2013. Selskapsrett. 4. utg. Focus : Universitetsforlaget. Kap 1, 2, 4, 5 og 7
Børresen, Pål B. 2013. Konkurs : enkeltforfølgning, gjeldsforhandlinger og konkurs. 7. utg. Cappelen akademisk forlag. Kap. 1, 2, 3, 5, 6, 7, 8, 9, 10, 11 og 12 (dvs. alle kapitler untatt kap 4).
Langfeldt, Sverre Faafeng og Tore Bråthen. Lov og rett for næringslivet. Siste utg. Universitetsforlager : Focus forlag. Kap 1, 9, 10, 16 og 18
Langfeldt, Sverre Faafeng, red. Næringslivets lovsamling 1687- ... til Lov og rett for næringslivet. Siste utg. Universitetsforlaget : Focus forlag

Recommended reading
Books:
Mo, Einar. 2013. Oppgaver med løsninger i rettslære : for økonomisk/administrative studier, revisorstudiet og eiendomsmeglerstudiet. Cappelen Damm akademisk

Course outline

• The legal system
  Sources of law and legal methods
• Company law
  The Partnerships Act and the Companies Act with a special emphasis on mortgage rules, decision-making processes, distributions, practice of authority and company representation. Related issues are also discussed such as the law of business names and registration.
• Financial crime
  Selected parts of the Criminal Code, the Accounting Act, the Value Added Tax Act.
• Debt negotiations and bankruptcy
  An introduction is given to the main rules of the debt enforcement law and an overall presentation of the law of bankruptcy with a special emphasis on the bankruptcy terms, annulment rules and the debtor in bankruptcy’s contractual obligations. A review of the economic terms for spouses/cohabitants with the main emphasis on the rules that are important for their creditors will also be given.
• Employment law
  An introduction to rules that apply to the individual workplace whether regarding both employers and employees.
• Law of damages
  The rules on the accountant's liability will be emphasized.
• Administrative law
  The concepts of administrative law. Special emphasis is placed on the rules of procedure, the legal competence rules, party rights and the right to lodge complaints.