Corporate and Business Law
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ACCA LWGLO Highlights
You’ll develop knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
Exam Duration
2 hours
50/100
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ACCA LWGLO Syllabus
A. Essential elements of legal systems
1. Business, political and legal systems
2. International trade, international legal regulation and conflict of laws
3. Alternative dispute resolution mechanisms
B. International business transactions
1. Introduction to the UN Convention on Contracts for the International Sale of Goods and ICC Incoterms
2. Obligations of the seller and buyer, and provisions common to both
C. Transportation and payment of international business transactions
1. Transportation documents and means of payment
D. The formation and constitution of business organisations
1. Agency law
2. Partnerships
3. Corporations and legal personality
4. The formation and constitution of a
company
E. Capital and the financing of companies
1. Share capital
2. Loan capital
3. Capital maintenance and dividend law
F. Management, administration and the regulation of companies
1. Company directors
2. Other company officers
3. Company meetings and resolutions
G. Insolvency law
1. Insolvency and administration
H. Corporate fraudulent and criminal behaviour
1. Fraudulent and criminal behaviour
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Frequently Asked Questions (FAQ)
ACCA F4, also known as the Corporate and Business Law, is a knowledge-level paper in the Association of Chartered Certified Accountants (ACCA) qualification. It focuses on the legal and regulatory framework in which businesses operate, covering areas such as contracts, company law, and governance. It tests candidates’ understanding of legal principles and their application to practical scenarios in the corporate world.
The time required to study for ACCA’s LW (Corporate and Business Law) paper varies depending on individual factors such as prior knowledge, study routine, and availability. On average, students dedicate around 100-120 hours of study time to each ACCA paper. Assuming a consistent study schedule, it may take approximately 4-6 weeks to prepare for LW.
ACCA F4’s difficulty varies among students. Some find it easier due to its practical nature and straightforward concepts, while others struggle with limited legal exposure. Success depends on dedication, understanding legal principles, and practicing real-world scenarios. Proper preparation enables many students to pass ACCA F4.
ACCA F4’s difficulty varies among students. Most find it relatively easy due to practical nature and straightforward concepts, Success depends on dedication, understanding legal principles, and practicing real-world scenarios. Proper preparation enables many students to pass ACCA F4.
Yes, the Association of Chartered Certified Accountants (ACCA) includes law as part of its qualification. ACCA offers a paper called Corporate and Business Law (F4) at the knowledge level. This paper covers legal principles and their application to business scenarios, providing ACCA students with a comprehensive understanding of the legal and regulatory framework in which businesses operate.
ACCA F4, also known as Corporate and Business Law, is a knowledge-level paper in the Association of Chartered Certified Accountants (ACCA) qualification. It focuses on the legal and regulatory framework in which businesses operate, covering areas such as contracts, company law, and governance. It tests candidates’ understanding of legal principles and their application to practical scenarios in the corporate world.
ACCA F4, also known as Corporate and Business Law, is a knowledge-level paper in the Association of Chartered Certified Accountants (ACCA) qualification. It focuses on the legal and regulatory framework in which businesses operate, covering areas such as contracts, company law, and governance. It tests candidates’ understanding of legal principles and their application to practical scenarios in the corporate world.
ACCA LW has different variants to cater to the legal frameworks of different countries. LW variants include the following:
1. Global
2. English
3. Ireland
4. Hong Kong
5. Lesotho
6. Malaysia
7. Singapore
8. South Africa
9. Botswana
10. Cyprus
11. Malta
12. Russia
13. Vietnam
14. Zimbabwe
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