Unit of competency Outline

Date retreived
23/07/2026 9:47 AM AWST

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Apply public sector financial policies and processes

Apply public sector financial policies and processes

Unit of competency
National Code
PSPGEN109
State Code
ODW77
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
03/04/2022
View on TGA
State Implementation and Classification
Approved Date
08/07/2022
Field of Education
080101 - Accounting
Original Release Date
08/07/2022
Nominal Hours
40
Description
This unit describes the performance outcomes, skills and knowledge required to apply a detailed understanding of the public sector financial framework and external requirements to finance activities. This unit applies to those working in the public sector in specialist finance roles. Those undertaking this unit work autonomously with some supervision of others, performing complex tasks in a familiar context.The skills in this unit must be applied in accordance with Commonwealth and State or Territory legislation, Australian standards and industry codes of practice.No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify public sector requirements for financial management.
  • 1.1. Identify the elements of the public sector financial management compliance framework relevant to the organisation and confirm requirements regarding their application.
  • 1.2. Identify organisational work function delegations.
  • 1.3. Identify and clarify organisational financial control principles and operational mechanisms.
  • 1.4. Identify and access public sector financial policies and procedures that relate to the work role and the organisation.
2. Implement public sector financial management requirements.
  • 2.1. Provide financial services in accordance with public sector financial policy and procedures, and organisational requirements.
  • 2.2. Provide advice, within the limits of responsibility, regarding public sector financial policies and procedures and accounting standards.
  • 2.3. Develop and review organisational procedures to reflect the requirements of public sector financial policy, guidelines and procedures.
  • 2.4. Differentiate levels of delegation, assess work situations and explain and implement delegation requirements relating to functions.
  • 2.5. Apply internal control mechanisms within an organisational context.
No information
No information
Replaces
State Code National Code Title Type
AWV28 PSPGEN077 Apply public sector financial policies and processes Unit of competency
State Code National Code Title Type
BHO8 PSP50122 Diploma of Government Qualification
BIA4 DEF50922 Diploma of Test and Evaluation Qualification