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COP312Management Sciences2 Unitsintermediate

Cooperative Legislation

This course provides an in-depth exploration of cooperative legislation, focusing on the rules and regulations that govern cooperative societies. It examines the rights, liabilities, and duties of cooperative members, as well as the functions and roles of management committees. The course also covers the procedures for auditing, inquiry, and inspection of cooperatives, and the distribution of net surpluses. It further delves into national policies on agricultural cooperatives.

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40h
Study Time
13
Weeks
3h
Per Week
basic
Math Level
Course Keywords
Cooperative LegislationRegulationsManagementAuditingPolicies

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Cooperative Regulations

2

Rights and Liabilities of Members

3

Duties of Cooperative Societies

4

Functions of Directors

5

General Meetings

6

Management Committees

7

Auditing Procedures

8

National Policies on Agricultural Cooperatives

Total Topics8 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Tutor-Marked Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Final Examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Cooperative Manager

Apply your skills in this growing field

Agricultural Officer

Apply your skills in this growing field

Credit Officer

Apply your skills in this growing field

Auditor

Apply your skills in this growing field

Policy Analyst

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureFinanceCommunity DevelopmentGovernmentNon-profit Organizations

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Cooperative Legislation

3h

Unit 1: Nature of and Provisions in the Regulations/Rules of Co-operative Societies

3 study hours
  • Read the introduction to understand the importance of regulations in cooperative societies.
  • Identify the regulations guiding cooperative activities.
  • Understand the privileges of registered cooperative members.
Week
2

Module 1: Cooperative Legislation

3h

Unit 1: Nature of and Provisions in the Regulations/Rules of Co-operative Societies

3 study hours
  • Assess the rights and liabilities of cooperative members as stipulated in the by-laws.
  • Examine the duties of cooperative society members.
  • Complete the tutor-marked assignment to reinforce understanding.
Week
3

Module 1: Cooperative Legislation

3h

Unit 2: Functions of a Director in a co-operative organization

3 study hours
  • Understand the guidelines for selecting board of directors.
  • Learn the functions of a director in a cooperative organization.
  • Study the qualifications required for a director.
Week
4

Module 1: Cooperative Legislation

3h

Unit 2: Functions of a Director in a co-operative organization

3 study hours
  • Know the various functions of the board of directors in managing cooperative societies.
  • Review the articles of incorporation and bye-laws.
  • Complete the tutor-marked assignment to reinforce understanding.
Week
5

Module 1: Cooperative Legislation

3h

Unit 3: Nature of general meetings in a co-operative society

3 study hours
  • Understand how a quorum is formed for general meetings.
  • Appreciate the powers of Annual General Meetings.
  • Understand how voting is conducted at General meetings.
Week
6

Module 1: Cooperative Legislation

3h

Unit 3: Nature of general meetings in a co-operative society

3 study hours
  • Understand the length and service of notice for calling General Meetings.
  • Understand the relevance and contents of the minutes of general meetings.
  • Complete the tutor-marked assignment to reinforce understanding.
Week
7

Module 2: Cooperative Management

3h

Unit 4: Nature of a management committee in a co-operative society

3 study hours
  • Understand the relevance of management committee in the running of cooperatives.
  • Explain what could lead to the suppression of management committee.
  • Study the meetings of the Management Committee.
Week
8

Module 2: Cooperative Management

3h

Unit 4: Nature of a management committee in a co-operative society

3 study hours
  • Review the causes of suppression of committee.
  • Complete the tutor-marked assignment to reinforce understanding.
  • Understand the roles of Management Committee.
Week
9

Module 2: Cooperative Management

3h

Unit 5: Roles of Management Committee

3 study hours
  • Explain the term 'Management Committee'.
  • Identify and discuss the roles of management committee of co-operative societies.
  • Study the vision and leadership roles of the committee.
Week
10

Module 2: Cooperative Management

3h

Unit 5: Roles of Management Committee

3 study hours
  • Understand the accountability and legal responsibilities of the Management Committee.
  • Review the financial oversight and management of staff and volunteers.
  • Complete the tutor-marked assignment to reinforce understanding.
Week
11

Module 2: Cooperative Management

6h

Unit 6: Composition of a management committee

3 study hours
  • Understand the composition of the management committee of the co-operative society.
  • Appreciate the distinct roles of the key officers of the management committee.
  • Study the roles of the Chairperson, Secretary, and Treasurer.

Unit 7: Functions of the officials of management committee

3 study hours
  • Know the key officials of Management Committees.
  • Identify the functions of the officials of the Management Committees of cooperative societies.
  • Study the functions of the Treasurer, Secretary, and Chairperson.
Week
12

Module 3: Auditing and Policies

6h

Unit 8: Delegation of Management Committee functions

3 study hours
  • Appreciate reasons for effective delegation of responsibilities.
  • Examine processes for choosing to delegate responsibilities.
  • Spotlight key points for effective delegation.

Unit 9: Audit Inspection and enquiry committee

3 study hours
  • Define who an auditor is.
  • Enumerate and explain the duties and powers of auditors.
  • Clearly justify the relevance of audit and inquiry committee in the management of co-operatives.
Week
13

Module 3: Auditing and Policies

6h

Unit 10: Procedures for Auditor's appointment

3 study hours
  • Know who auditors are.
  • The procedure for the appointment of auditors.
  • What could lead to the termination of appointment of auditors.

Unit 11: Functions and Powers of Auditors

3 study hours
  • Know the meaning of auditing in co-operative studies.
  • Identify the types of auditors in the internal financial management of the Co-operative societies.
  • Know the various functions and powers of the auditors

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review all units, focusing on key regulations and legal provisions.

2

Create summaries of the roles and responsibilities of cooperative officials.

3

Practice applying auditing procedures to sample financial statements.

4

Study case studies of successful and unsuccessful cooperative societies.

5

Understand the national policies on agricultural cooperatives and their implications.

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