Unit of competency Outline
Date retreived
23/07/2026 4:39 PM AWST
23/07/2026 4:39 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Manage fraud risk assessment and action plan
Manage fraud risk assessment and action plan
Unit of competency
National Code
PSPFRAU602B
PSPFRAU602B
State Code
C8130
C8130
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
07/07/2014
Field of Education
091105 - Police Studies
Original Release Date
07/07/2014
Nominal Hours
40
Description
This unit covers the management of risk assessment for fraud/corruption, where personnel conducting the risk assessment may be internal staff or consultants. It includes applying organisational philosophy regarding risk, selecting a risk assessment methodology, and establishing reporting and review mechanisms.Fraud in the unit title incorporates both fraud and corruption. In practice, managing fraud/corruption risk assessment and action plan may overlap with other generalist or specialist public sector workplace activities such as managing compliance with legislation and ethics requirements, managing risk, networking, implementing policy, managing change, etc.This unit replaces and is equivalent to PSPFRAU602A Manage fraud risk assessment and action plan.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication
Notes
Elements and Performance Criteria
1. Apply organisational philosophy regarding risk
- 1.1 Stakeholders are consulted in the management of the fraud/corruption risk assessment process.
- 1.2 Cultural, ethical and economic perspectives of the organisation are acknowledged and applied when making decisions regarding the development and implementation of the risk assessment process in the organisation.
2. Select risk assessment methodology
- 2.1 Selection of risk assessment methodology is based on an evaluation of a range of fraud/corruption risk management techniques, and factors such as the environment, culture and functions of the organisation.
- 2.2 Methodology is selected to meet the Australian standard for risk management, is compatible with the organisation's environment, culture, structure and core business and is able to be applied across all the organisation's programs and services.
- 2.3 Activities of personnel implementing the fraud/corruption risk assessment methodology are monitored in accordance with organisational policy and procedures.
3. Establish reporting and review mechanisms
- 3.1 The identification of appropriate actions to be implemented is included in reporting mechanisms.
- 3.2 Review mechanisms are established that acknowledge the need for flexibility and the ongoing nature of the fraud/corruption risk assessment process.
- 3.3 Reporting mechanisms are established to allow for advice to be provided at opportune times to facilitate a flexible response by management to any deficiencies identified.
- 3.4 Reporting mechanisms are established to meet the requirements of standards-setting organisations.
The Range Statement provides information about the context in which the unit of competency is carried out. The variables cater for differences between States and Territories and the Commonwealth, and between organisations and workplaces. They allow for different work requirements, work practices and knowledge. The Range Statement also provides a focus for assessment. It relates to the unit as a whole. Text in bold italics in the Performance Criteria is explained here.
Stakeholders may include:
agency staff and senior management
agency clients
contractors and consultants
industry associations
internal/external audit personnel
standards-setting organisations
Risk assessmentmay include:
fraud/corruption risks identified in isolation or as part of a broader risk management strategy
assessments conducted across the agency as a whole and may include recent changes to the structure and nature of the service delivered by the agency
a single process assessing all functions and areas of an agency at the same time, a process that samples a number of agency functions or areas (rather than assessing them all), or a rolling program where all areas or functions are assessed sequentially rather than at the same time
Factors affecting fraud/corruption risk managementmay include:
agency size
program type and size
outsourcing
program and service changes
statutory and policy changes
data exchange
Australian standard for risk managementis:
AS/NZS 4360:1999 or as revised
Stakeholders may include:
agency staff and senior management
agency clients
contractors and consultants
industry associations
internal/external audit personnel
standards-setting organisations
Risk assessmentmay include:
fraud/corruption risks identified in isolation or as part of a broader risk management strategy
assessments conducted across the agency as a whole and may include recent changes to the structure and nature of the service delivered by the agency
a single process assessing all functions and areas of an agency at the same time, a process that samples a number of agency functions or areas (rather than assessing them all), or a rolling program where all areas or functions are assessed sequentially rather than at the same time
Factors affecting fraud/corruption risk managementmay include:
agency size
program type and size
outsourcing
program and service changes
statutory and policy changes
data exchange
Australian standard for risk managementis:
AS/NZS 4360:1999 or as revised
The Evidence Guide specifies the evidence required to demonstrate achievement in the unit of competency as a whole. It must be read in conjunction with the Unit descriptor, Performance Criteria, the Range Statement and the Assessment Guidelines for the Public Sector Training Package.
Units to be assessed together
Pre-requisite units that must be achieved prior to this unit:Nil
Co-requisite units that must be assessed with this unit:Nil
Co-assessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include, but are not limited to:
PSPETHC601B Maintain and enhance confidence in public service
PSPGOV601B Apply government systems
PSPGOV602B Establish and maintain strategic networks
PSPLEGN601B Manage compliance with legislation in the public sector
PSPMNGT604B Manage change
PSPMNGT608B Manage risk
PSPMNGT611A Manage evaluations
PSPPOL603A Manage policy implementation
Overview of evidence requirements
In addition to integrated demonstration of the elements and their related performance criteria, look for evidence that confirms:
the knowledge requirements of this unit
the skill requirements of this unit
application of the Employability Skills as they relate to this unit (see Employability Summaries in Qualifications Framework)
management of fraud/corruption risk assessment and action plans in a range of (2 or more) contexts (or occasions, over time)
Resources required to carry out assessment
These resources include:
legislation, policy and procedures relating to fraud/corruption control
fraud/corruption control guidelines and standards
public sector values and codes of conduct
case studies and workplace scenarios to capture the range of fraud/corruption risk assessment situations likely to be encountered
Where and how to assess evidence
Valid assessment of this unit requires:
a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when managing fraud/corruption risk assessment and action plans, including coping with difficulties, irregularities and breakdowns in routine
management of fraud/corruption risk assessment and action plan in a range of (2 or more) contexts (or occasions, over time)
Assessment methods should reflect workplace demands, such as literacy, and the needs of particular groups, such as:
people with disabilities
people from culturally and linguistically diverse backgrounds
Aboriginal and Torres Strait Islander people
women
young people
older people
people in rural and remote locations
Assessment methods suitable for valid and reliable assessment of this competency may include, but are not limited to, a combination of 2 or more of:
case studies
portfolios
projects
questioning
scenarios
authenticated evidence from the workplace and/or training courses
For consistency of assessment
Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments
Units to be assessed together
Pre-requisite units that must be achieved prior to this unit:Nil
Co-requisite units that must be assessed with this unit:Nil
Co-assessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include, but are not limited to:
PSPETHC601B Maintain and enhance confidence in public service
PSPGOV601B Apply government systems
PSPGOV602B Establish and maintain strategic networks
PSPLEGN601B Manage compliance with legislation in the public sector
PSPMNGT604B Manage change
PSPMNGT608B Manage risk
PSPMNGT611A Manage evaluations
PSPPOL603A Manage policy implementation
Overview of evidence requirements
In addition to integrated demonstration of the elements and their related performance criteria, look for evidence that confirms:
the knowledge requirements of this unit
the skill requirements of this unit
application of the Employability Skills as they relate to this unit (see Employability Summaries in Qualifications Framework)
management of fraud/corruption risk assessment and action plans in a range of (2 or more) contexts (or occasions, over time)
Resources required to carry out assessment
These resources include:
legislation, policy and procedures relating to fraud/corruption control
fraud/corruption control guidelines and standards
public sector values and codes of conduct
case studies and workplace scenarios to capture the range of fraud/corruption risk assessment situations likely to be encountered
Where and how to assess evidence
Valid assessment of this unit requires:
a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when managing fraud/corruption risk assessment and action plans, including coping with difficulties, irregularities and breakdowns in routine
management of fraud/corruption risk assessment and action plan in a range of (2 or more) contexts (or occasions, over time)
Assessment methods should reflect workplace demands, such as literacy, and the needs of particular groups, such as:
people with disabilities
people from culturally and linguistically diverse backgrounds
Aboriginal and Torres Strait Islander people
women
young people
older people
people in rural and remote locations
Assessment methods suitable for valid and reliable assessment of this competency may include, but are not limited to, a combination of 2 or more of:
case studies
portfolios
projects
questioning
scenarios
authenticated evidence from the workplace and/or training courses
For consistency of assessment
Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C1157 | PSPFRAU602A | Manage fraud risk assessment and action plan | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWW04 | PSPFRU010 | Manage fraud risk assessment and action plan | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| C805 | PSP60504 | Advanced Diploma of Government (Management) | Qualification |
| J327 | PSP60512 | Advanced Diploma of Government (Management) | Qualification |