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Duration
Identical coursesCorporate Law and Accounting (B-KUL-HBA08A)
Liss Alexander (coordinator) | Liss Alexander Aims
The course aims at contributing to the following learning results:
The student ...
- Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and applies them when solving (business) economics problems (2.a)
- Has functional knowledge of the general legal provisions and the fiscal aspects concerning legal and natural persons (2.a.5)
- Has insight into the current financial reporting regulations and applies them to register financial transactions (2.e)
- Is able to record core events concerning the formation of companies, changes in capital, company taks and result appropriation as well as the primary financing arrangements according to double-entry accounting and in line with company law (2.e.5)
Analyses issues in different management domains on the basis of appropriate theories, concepts and models and proposes a scientifically sound solution (2.t)
Explains general problems of (business) economics in a legal way using a selection of relevant sources of law as well as the functional knowledge of law (4.e)
Previous knowledge
If you want to follow this course, it is advisable to have completed the following courses first: Financial Accounting and Introduction to Law.
Knowledge of general accounting techniques and general principles of law, especially the law on obligations, contracts and liability (inclusive torts).
Identical courses
This course is identical to the following courses:
HBH74A : Vennootschapsrecht en -boekhouden
HLH31A : Vennootschapsrecht en -boekhouden (No longer offered this academic year)
Is included in these courses of study
- Bachelor of Business Administration (Brussels) 180 ects.
- Bachelor of Business Administration: Double Degree Kedge (outgoing) (Brussels et al) 240 ects.
- Bachelor of Business Administration: Double Degree Kedge (incoming) (Brussels et al) 242 ects.
- Bachelor of Business Administration: Double Degree Galway (outgoing) (Brussels et al) 240 ects.
Activities
3 ects. Corporate Law and Accounting (B-KUL-HBA08a)
Content
Company law and/or journal entries related to:
- general characteristics and types of companies;
- formation of companies;
- capital formation, capital transactions and capital protection;
- management of companies - position of board of directors – directors’ liability;
- general meeting and position of shareholders;
- external control – audit of companies;
- financing of companies;
- processing of companies;
- tax cycle;
- restructuring and conversion of companies;
- liquidation and bankruptcy of companies.
Course material
Compulsory study material:
GHIJSELINCK, V., BRUYNSEELS, L., DEKEYSER, M. and VAN DEN BOSSCHE, J. (2021). Corporate accounting. Wommelgem. Uitgeverij Van In (ISBN: 978-90-306-9875-3)
Study material on Toledo
Format: more information
The content of this course is taught by means of ex cathedra lectures and interaction between the teacher and students.
The colleges contain theory and practical cases as well as exercises.
Evaluation
Evaluation: Corporate Law and Accounting (B-KUL-H70992)
Explanation
The exam 'Corporate Law and Accounting' consists of two parts, more in particular 'Corporate accounting' and 'Corporate law'. Both parts are marked on 10 points.
If on each separate part at least a mark of 4 out of 10 is obtained (not rounded off mark), the final mark will be the sum of the two marks obtained, rounded off to a whole number.
If a mark of less than 4 out of 10 is obtained in one or both parts, the final mark will be the lowest mark obtained in one of the two parts (converted to 20 and rounded up to a whole number).
If a student has not passed the OPO and the OPO is resumed in the third examination period, then that part of the course on which:
- a mark of at least 5 out of 10 was obtained, will not be resumed. The previously obtained mark will be recalculated in the new final mark. In other words, there is a partial transfer of the originally obtained partial mark that is set off in the new final mark for that course unit. Students have the possibility to opt out of a partial transfer; if they do so, they will lose the previously obtained result and the newly obtained result will replace it.
- a mark of less than 5 out of 10, however, will be resumed. The 'Best result principle' does not apply to the level of the two different parts that are part of the exam!
If the OPO is resumed in a next academic year, both parts of the exam need to be resumed. No marks of parts will be transferred to a next academic year.
Calculator: the use of an own calculator is not allowed. The KUL will put a calculator at disposal of the students.
Chart of accounts: the use of your own chart of accounts is not allowed. The KUL will put a chart of accounts at disposal of the students.
Closed book exam.
A translation dictionary and an explanatory dictionary are not allowed.
Information about retaking exams
If a student has not passed the OPO and the OPO is resumed in the third examination period, then that part of the course on which:
- a mark of at least 5 out of 10 was obtained, will not be resumed. The previously obtained mark will be recalculated in the new final mark. In other words, there is a partial transfer of the originally obtained partial mark that is set off in the new final mark for that course unit. Students have the possibility to opt out of a partial transfer; if they do so, they will lose the previously obtained result and the newly obtained result will replace it.
- a mark of less than 5 out of 10, however, will be resumed. The 'Best result principle' does not apply to the level of the two different parts that are part of the exam!
If the OPO is resumed in a next academic year, both parts of the exam need to be resumed. No marks of parts will be transferred to a next academic year.
Calculator: the use of an own calculator is not allowed. The KUL will put a calculator at disposal of the students.
Chart of accounts: the use of your own chart of accounts is not allowed. The KUL will put a chart of accounts at disposal of the students.
Closed book exam.
A translation dictionary and an explanatory dictionary are not allowed.