General provisions

Course within the Master's Programme in Accounting, Auditing and Analysis. The course syllabus was approved by the board of the Department of Business Studies on delegation from the Faculty of Social Sciences and takes effects as of 2010-08-30.

Entry requirements

Basic Course on Commercial Law 15 credits or equivalent.

Learning outcomes

The focus of the course is the legal regulations concerning the profession as an accountant in private entities.

After the course the students shall

1. have knowledge of the main regulations concerning the Swedish law in the area of companies and partnerships, different kinds of guarantees, insolvency and financial crimes.

2. have knowledge of the special forms of associations and partnerships regulated through ECC law.

3. comprehend the aims of auditing in general and different stakeholders need in particular.

4. comprehend the need for unbiased behaviour of the auditor and

5. be able to analyse situations to see if there is a potential conflict of interest and, if so,

6. be able to apply current regulations and ethical values to solve the situation.

7. be able to evaluate the benefits of different kind of sanctions.

Content

During the first part of the course the students shall acquire a general knowledge of the above mentioned areas through lectures and self studies.

During the second part of the course the student shall acquire a profound understanding for the responsibilities of an auditor, and the demand of unbiased behaviour, in connection with the auditing of companies and interties. This part of the course is divided into two tracks – one international and one Swedish track – of which the students can choose either. For students following the Swedish track, the next section consists of a specialisation in Swedish legal conditions, and for students following the international track, the next section consists of an assignment to identify and apply relevant legal conditions in a chosen country.

Instruction

The language used during the course is mainly English, although the Swedish track will be taught in Swedish. The course is based on a series of lectures providing a general knowledge in the different areas of the course. During the second part of the course typical situations (sometimes through case studies) will be discussed and analysed from a legal perspective. For students participating in the international track, tutoring will be provided.

Assessment

The examination consists of various parts such as written assignments, oral presentation during seminars and written tests. The course consists of both obligatory and voluntary passes. The final grade of the course is determined after taking into consideration the different parts of the examination.

Grades will be given in accordance with the Swedish grading system and the ECTS grading system. The following grades will be used: VG (pass with distinction: ECTS A or B), G (pass ECTS C D or E), and U (fail: ECTS F). ECTS-grades are used as supplementary information.

More detailed grading criteria are presented in the study guide that the student will get access to at the beginning of the course. Assignments and exams handed in late will not be graded except in special circumstances. In addition, any remaining assignments and supplements must be completed and handed in at least within two weeks after the end of the course otherwise the entire course (all assignments included) has to be redone the next time course is given, provided there is space in the course.

NOTE: Only completed courses can be recognised in your degree.

Uppsala University does not accept cheating and plagiarism. Suspected incidents of cheating or plagiarism are reported to the Disciplinary Committee of the University, which may issue a formal warning to the student or and limited suspensions.