Law

This exam module covers: • the nature of contractual agreements, the agency relationship and the consequences of negligence; • the legal implications of incorporation, including the roles of shareholders and directors, and the main implications of insolvency law; • identifying instances of criminal behaviour that professional accountants may encounter; and • other key areas in which the law affects the role and work of the professional accountant. This is examined over 1.5 hours via multiple-choice questions.