This section describes the essential skills and knowledge and their level required for this unit

Skill requirements

Look for evidence that confirms skills in

preparing information and reports requiring precision of expression

meeting formatting and process requirements for bids and estimates and linkages to strategic plans

monitoring financial information

interpreting and signing off on financial reports

interpreting organisational information in financial terms

adjusting communication to suit different audiences

using crosscultural communication relating to financial management across professional cultures such as accounting IT arts policy areas

responding to diversity including gender and disability

accessing information and legislation electronically or in hard copy

applying environmental sustainability and occupational health and safety procedures relating to working in the public sector

Knowledge requirements

Look for evidence that confirms knowledge and understanding of

financial management principles

legislation policies and processes relating to public sector financial management such as conflicts of interest procurement value for money

the organisations financial accountability mechanisms

corporate governance requirements

internal controls and why they are used

delegations and why the public sector uses them

public sector financial management framework detailed knowledge and the relationship between the elements of the framework

documents that make up the financial management framework

legislation related to working in the public sector such as equal employment opportunity environmental sustainability and occupational health and safety requirements

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

Prerequisite units that must be achieved prior to this unitNil

Corequisite units that must be assessed with this unitNil

Coassessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include but are not limited to

PSPETHCB Maintain and enhance confidence in public service

PSPETHC601B Maintain and enhance confidence in public service

PSPLEGNB Manage compliance with legislation in the public sector

PSPLEGN601B Manage compliance with legislation in the public sector

PSPMNGTB Facilitate people management

PSPMNGT603B Facilitate people management

PSPMNGTB Manage resources

PSPMNGT602B Manage resources

PSPMNGTB Manage risk

PSPMNGT608B Manage risk

PSPMNGTB Formulate business strategies

PSPMNGT609B Formulate business strategies

PSPPOLA Manage policy implementation

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 public sector financial resources in a range of or more contexts or occasions over time

Resources required to carry out assessment

These resources include

public sector and organisational financial procedures and protocols

workplace scenarios and case studies to capture the range of situations likely to be encountered when managing public sector financial resources

financial legislation and guidelines such as central agency guidelines

budget process and guidelines

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 public sector financial resources including coping with difficulties irregularities and breakdowns in routine

management of public sector financial resources in a range of 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 or more of

case studies

portfolios

projects

questioning

scenarios

authenticated evidence from the workplace andor 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

Bids may include:

Estimates may include:

Information may include:

Budgetary requirements may include:

Supporting documentation may include:

Budgets may include:

Corrective action may include:

Delegations are:

Financial controls should:

Financial reports may include:

Elements of the public sector financial management framework may include:

Public sector financial policies and procedures may include: