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BA4 – Fundamentals of Ethics, Corporate Governance and Business Law
4 sections available · 28 chapters available
Free BA4 – Fundamentals of Ethics, Corporate Governance and Business Law study notes for CIMA (CGMA Professional Qualification) students. Each chapter below covers a key topic with worked examples and practice prompts you can take into the thinka app.
A. Business ethics and ethical conflict
The nature and importance of ethics
Professional values and the public interest
Frameworks of laws, regulations and standards (CIMA and IFAC codes)
Rules-based versus principles-based approaches to ethics
The fundamental ethical principles
Independence, scepticism, accountability and social responsibility
Threats and safeguards to the ethical principles
Regulating ethical behaviour: the CIMA Code and the law
Consequences of ethical and unethical behaviour
Ethical dilemmas and CIMA's Ethical Checklist
B. Corporate governance, controls and corporate social responsibility
The role of corporate governance
Corporate governance, directors and board structures
The role of external and internal audit
The nature of errors and fraud
Corporate social responsibility (CSR)
CSR within company reporting
C. General principles of the legal system, contract and employment law
Essential elements of a valid contract
Offer, acceptance and agreement
Intention to create legal relations and misrepresentation
Contract terms: conditions and warranties
Corporate capacity to contract
The contract of employment
Workplace policies and procedures
Termination: unfair and wrongful dismissal
D. Company administration
Forms of business organisation and corporate personality
Public versus private companies
The Articles of Association
Advantages and disadvantages of a company limited by shares
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