ACCA Corporate and Business Law (LW)
LW exam at a glance
- Exam length
- 2 hours
- Exam type
- On-demand CBE
- LW ENG and GLO; other variants are session-based
- Pass mark
- 50%
About this Paper
Corporate and Business Law equips you with an understanding of the legal framework that governs business activity, focusing on general legal principles and specific corporate law. It is crucial for future accountants to understand the laws of contract, employment, and the essential legal requirements for forming, administering, and dissolving companies. This knowledge ensures professionals operate within legal boundaries and manage compliance, risk, and corporate governance effectively.
What You'll Learn (Curriculum)
- The essential elements of the legal system, including the law of contract and tort.
- The legal frameworks surrounding employment relationships.
- Key aspects of corporate law, including company formation, administration, and finance.
- The law relating to capital, dividends, and insolvency.
- Principles of fraudulent and criminal behavior in a corporate context.
Meet Your Tutor
Sai Manikanta Pedamallu
CMA (US), ACCA (UK), CSCA (US), Dip IFRS, AFA (UK), MIPA (Aus), M.Com, M.B.A
Sai Manikanta Pedamallu is a highly-rated ACCA Tutor, CMA US Instructor, and Dip IFRS Trainer with over a decade of experience in finance and education. He holds extensive qualifications, including Qualified ACCA (UK), CMA (US), CSCA (US), and Dip IFRS. In the corporate world, he serves as an ERP Product Manager and Finance Controller. Known for his dynamic teaching and practical insights, he empowers students to excel in global finance qualifications and consistently receives high student ratings.
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Exam structure
Section A: 45 objective test questions. Section B: 5 six-mark multi-task questions.
Am I exempt?
Your degree or professional qualification may exempt you from this paper. Check before you pay for it.
Check exemptions →When can I sit it?
Book a date that suits you at an ACCA centre.
See exam dates and deadlines →ACCA 2027 changes
In the new qualification, LW is replaced by K3 Business Law (moved from applied skills to knowledge).
See what changes →