Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

PSPGEN077 Mapping and Delivery Guide
Apply public sector financial policies and processes

Version 1.0
Issue Date: April 2024


Qualification -
Unit of Competency PSPGEN077 - Apply public sector financial policies and processes
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills required to have detailed knowledge of the public sector financial framework, a working knowledge of external requirements and the application of these to work in a specialist finance role in the public sector. It includes identifying and implementing public sector requirements for financial services.This unit applies to those working in the public sector with specialist knowledge of public sector financial framework and its applications.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.Those undertaking this unit would work autonomously with some supervision of others, performing complex tasks in a familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.
Prerequisites/co-requisites
Competency Field General
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Identify public sector requirements for financial management
  • Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them.
  • Identify delegation requirements relating to work functions throughout the organisation.
  • Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff.
  • Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them.
       
Element: Implement public sector financial management requirements
  • Provide financial services.
  • Provide advice, within the limits of responsibility, regarding public sector financial policies and procedures and accounting standards.
  • Develop and review organisational procedures to reflect the requirements of public sector financial policy, guidelines and procedures.
  • Differentiate levels of delegation, assess work situations and explain and implement delegation requirements relating to functions.
  • Apply internal control mechanisms within an organisational context.
       
Element: Identify public sector requirements for financial management
  • Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them.
  • Identify delegation requirements relating to work functions throughout the organisation.
  • Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff.
  • Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them.
       
Element: Implement public sector financial management requirements
  • Provide financial services.
  • Provide advice, within the limits of responsibility, regarding public sector financial policies and procedures and accounting standards.
  • Develop and review organisational procedures to reflect the requirements of public sector financial policy, guidelines and procedures.
  • Differentiate levels of delegation, assess work situations and explain and implement delegation requirements relating to functions.
  • Apply internal control mechanisms within an organisational context.
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Identify public sector requirements for financial management

1.1 Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them.

1.2 Identify delegation requirements relating to work functions throughout the organisation.

1.3 Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff.

1.4 Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them.

2. Implement public sector financial management requirements

2.1 Provide financial services.

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.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

reading complex and formal documents, including legislation, policies, procedures, and accounting standards, and providing advice on their interpretation and application

adjusting communication to suit different audiences

using financial applications for entering data and preparing reports requiring accuracy of expression

applying delegations

working in accordance with public sector industry benchmarks

accessing information and legislation electronically or in hard copy

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

applying numeracy skills and reading and interpreting financial information

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

public sector legislation including work health and safety and environment, policies and processes relating to public sector finance

public sector financial management compliance framework (detailed knowledge) and the relationship of the elements of the framework

documents that make up the financial management compliance framework

delegations and why the public sector uses them

internal controls, mechanisms for internal controls and why these are used

separation of duties

corporate governance requirements/relationship of financial management compliance framework to organisational structures

service level agreements

accrual accounting principles

ethics/code of conduct

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Identify public sector requirements for financial management

1.1 Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them.

1.2 Identify delegation requirements relating to work functions throughout the organisation.

1.3 Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff.

1.4 Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them.

2. Implement public sector financial management requirements

2.1 Provide financial services.

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.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them. 
Identify delegation requirements relating to work functions throughout the organisation. 
Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff. 
Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them. 
Provide financial services. 
Provide advice, within the limits of responsibility, regarding public sector financial policies and procedures and accounting standards. 
Develop and review organisational procedures to reflect the requirements of public sector financial policy, guidelines and procedures. 
Differentiate levels of delegation, assess work situations and explain and implement delegation requirements relating to functions. 
Apply internal control mechanisms within an organisational context. 
Identify the elements of the public sector financial management compliance framework as these relate to the organisation and confirm requirements regarding the application of them. 
Identify delegation requirements relating to work functions throughout the organisation. 
Identify and clarify internal financial control principles and operational mechanisms within the organisation with senior finance staff. 
Locate public sector financial policies and procedures relating to the work role and the organisation and identify the requirements of them. 
Provide financial services. 
Provide advice, within the limits of responsibility, regarding public sector financial policies and procedures and accounting standards. 
Develop and review organisational procedures to reflect the requirements of public sector financial policy, guidelines and procedures. 
Differentiate levels of delegation, assess work situations and explain and implement delegation requirements relating to functions. 
Apply internal control mechanisms within an organisational context. 

Forms

Assessment Cover Sheet

PSPGEN077 - Apply public sector financial policies and processes
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

PSPGEN077 - Apply public sector financial policies and processes

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: