Unit Outline

 

 

 

 

 

 

 

 

BFA760

 

 

 

 

 

 

 

Sustainability Related Governance and Assurance

 

 

 

 

 

 

 

Semester 1, 2024

 

 

 

 

 

 

 

Mansi Mansi

 

 

 

 

 

 

 

Tasmanian School of Business & Economics (TSBE)

 

 

 

 

 

 

 

College of Business and Economics

 

 

 

 

 

 

 

 

CRICOS Provider Code: 00586B

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contact Details

 

 

 

 

 

 

 

 

 

 

 

 

 

Unit Coordinator

 

 

 

 

 

 

 

 

 

 

 

 

 

Mansi Mansi

Email: Mansi.Mansi@utas.edu.au

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What is the Unit About?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unit description

Intended learning outcomes

Prior knowledge &/or skills

Details of teaching arrangements

Specific attendance/performance requirements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How will I be Assessed?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assessment schedule

Assessment details

How your final result is determined

Submission of assignments

Requests for extensions

Late penalties

Review of results and appeals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What is the Unit About?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unit Description

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Organisations will often have a vision and a mission which will in turn link to goals and objectives and related strategic planning. To enable an organisation to achieve is mission, objectives, and goals requires a well-designed, organisational-relevant governance system. An organisational governance system will have a myriad of integrated policies and procedures inclusive of various forms of social and environmental audits. The extent to which an organisation is effectively applying particular governance procedures can be assessed through various forms of independent social and environmental audits, the results of which will be reported through different forms of audit/assurance reports. Selecting and/or developing appropriate policies and procedures, such as those referred to above, is a fundamental role of management. Quests to operate sustainably require a suite of sustainability related policies and procedures which requires critical thinking. Appropriate governance policies reduce the risks, and heighten the opportunities, that the sustainable development agenda creates for an organisation. It is important that graduates understand the need and role of good governance. Employer groups, professional accounting bodies and course advisory committees have consistently highlighted the need for business students to be critical thinkers; be able to demonstrate skills that extend beyond technical competencies; and to be able to demonstrate an understanding that organisations are part of a broader social system on which they rely for organisational survival. This unit responds to this expectation, as it: • Explores the meaning and role of organisational governance in helping an organisation be a valuable member of society • Identifies the components of a well function governance system with a particular focus on policies and procedures aimed at addressing problems associated with modern slavery, environmental performance generally, and climate change • Explains the role of social audits and how to implement them • Explores the types and roles of third-party assurance statements particularly as they relate to non-financial aspects of performance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intended Learning Outcomes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.

On completion of this unit, you will be able to:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Critique various governance procedures that can be used to improve an organisation’s performance with respect to its social and environmental performance, and in particular with respect to efforts to mitigate contributions to climate change.

2.

Justify the need for ‘social audits’ and prescribe how to implement them

3.

Critically reflect on the features of a well-designed environmental management system and assurance frameworks aimed at assessing the quality of environmental management systems

4.

Critically evaluate the role and contribution of audit/assurance statements particularly as they relate to aspects of social and environmental performance, and understand how they are prepared

5.

Professionally communicate sustainability-related governance information and recommendations to a range of stakeholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alterations as a result of student feedback

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To Be Determined

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

Teaching arrangements

 

 

 

 

 

 

 

ATTENDANCE MODE

TEACHING TYPE

LEARNING ACTIVITY

CONTACT HOURS

FREQUENCY

On Campus

Workshop

Introductory 1-hr workshop, Week 1

1

Once only

Lecture (On Campus)

Pre-recorded 1-hr lecture, once a week

1

Weekly

Workshop

2-hr workshop, fortnightly, commencing in Week 2

2

1 time per fortnight

Other

5-hrs independent learning

5

Weekly

Online

Online Class

Introductory 1-hr workshop, Week 1

1

Once only

Independent Learning

Pre-recorded 1-hr lecture, once a week

1

Weekly

Online Class

1-hr workshop, weekly, commencing in Week 2

1

Weekly

Independent Learning

5-hrs independent learning

5

Weekly

 

 

 

 

 

 

 

Attendance / engagement expectations

If your unit is offered On campus, it is expected that you will attend all on-campus and onsite learning activities. This is to support your own learning and the development of a learning community within the unit. If you are unable to attend regularly, please discuss the situation with your course coordinator and/or our UConnect support team.

If your unit is offered Online, it is expected you will engage in all those activities as indicated in the Unit Outline, including any self-directed learning.

If you miss a learning activity for a legitimate reason (e.g., illness, carer responsibilities) teaching staff will attempt to provide alternative activities (e.g., make up readings) where it is possible.

 

The Tasmanian School of Business and Economics regularly hosts Masterclasses and Industry Engagement and Employability Events, which students are encouraged to attend. Registration and details will be available via the College of Business and Economics channel on the Uni App and/or via your Unit Coordinator.  

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

How will I be Assessed?

 

For more detailed assessment information please see MyLO.

 

 

 

 

 

 

 

 

Assessment schedule

 

 

 

 

 

 

 

 

ASSESSMENT TASK #

ASSESSMENT TASK NAME

DATE DUE

WEIGHT

LINKS TO INTENDED LEARNING OUTCOMES

Assessment Task 1:

Individual Assignment

See the MyLO site for the due date

35 %

LO1, LO2, LO5

Assessment Task 2:

Individual Assignment

 

See the MyLO site for the due date

35 %

LO2, LO3, LO4, LO5

 

Assessment Task 3:

Team Project

See the MyLO site for the due date

 30 %

LO1, LO2, LO4, LO5

 

 

 

 

 

 

 

 

 

Assessment details

 

 

 

 

 

 

 

 

 

 

 

 

 

Assessment Task 1: Individual Assignment

Task Description:

Produce a report for management of the case organisation in which you clearly define ‘organisational governance’ and explain which forms of governance might be particularly relevant to the organisation for managing its social and environmental risks


Task Length:

2500 Words

Due Date:

See the MyLO site for the due date

Weight:

35 %

 

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)

1

Critically evaluate the role of organisational governance and factors influence the specific components of a governance system to be introduced within a particular organisational context

LO1, LO2

2

Analyse and evaluate governance policies that would assist managers of the case organisation to address potential risks and opportunities confronting the organisation from a sustainability perspective

LO2

3

Professionally communicate your findings in a report to management

LO5

 

Assessment Task 2: Individual Assignment

Task Description:

Produce a video for management of the case organisation explaining the meaning, roles, and types of ‘social audits’ from an organisational perspective. You are then required to explain to management how the case organisation might use ‘social audits’ to address the issue of ‘modern slavery’. Further, you are to advise management on the steps that need to be taken to ultimately produce a publicly available ‘Modern Slavery Statement’.
Management wants you to prepare the video so that it is ‘educational’ or ‘instructional’ in nature so that it can be used within the organisation to explain to various staff members why and how the organisation will be utilising social audits, as well as explaining to staff the relevance of ‘modern slavery’ and the role that a ‘Modern Slavery Statement’ plays. The video is not to exceed 10 minutes


Task Length:

10 minute video

Due Date:

See the MyLO site for the due date

Weight:

35 %

 

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)

1

Justify a need for a ‘social audit’

LO3, LO4

2

Advocate what forms of social audit might be particularly relevant to the case organisation, clearly justify why

LO2, LO3

3

Critique the concept of ‘modern slavery’ and describe the steps the organisation would need to take to produce a ‘Modern Slavery Statement’

LO3

4

Professionally communicate your findings to management

LO5

 

Assessment Task 3: Team Project

Task Description:

Produce a video for the Board of Directors of the case organisation in which you explain the costs and benefits associated with having the organisation’s sustainability report subject to an independent third-party review. In preparing the report you should also describe some of the decisions the assurance provider will likely need to make in undertaking the assurance work


Task Length:

8 minute video

Due Date:

See the MyLO site for the due date

Weight:

30 %

 

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)

1

Critically reflect on the role and benefits associated with having a sustainability report subject to an independent review

LO2

2

Demonstrate knowledge of the processes applied by a third-party assurance provider

LO1, LO2

3

Analyse and evaluate whether assurance services provided in relation to a sustainability report need to also involve an assessment of the organisation’s environmental management system

LO1

4

Demonstrate collaboration, cooperation and teamwork when making decisions and working with people from diverse backgrounds

LO4, LO5

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

How your final result is determined

 

 

 

 

 

 

 

 

 

 

To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.

 

 

 

 

 

 

 

 

 

 

 

Submission of assignments

 

 

 

 

 

 

 

 

 

 

Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.

 

 

 

 

 

 

 

 

 

 

 

Requests for extensions

 

 

 

 

 

 

 

 

 

 

If you are unable to submit an assessment task by the due date, you should apply for an extension.

 

A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.

 

The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.

 

 

 

 

 

 

 

 

 

 

Late penalties

 

 

 

 

 

 

 

 

 

 

Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.

 

 

 

 

 

 

 

 

 

 

Review of results and appeals

 

 

 

 

 

 

 

 

 

 

 

You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.