Apply public sector financial policies and processes

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver PSPFIN501A, 'Apply public sector financial policies and processes'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Apply public sector financial policies and processes' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Identify public sector requirements for financial management

1.1 The elements of the public sector financial management compliance framework as these relate to the organisation are identified, and requirements regarding the application of these are confirmed.

1.2 Delegation requirements relating to work functions throughout the organisation are identified in accordance with the organisation's delegation framework.

1.3 Internal financial control principles and operational mechanisms within the organisation are identified and clarified with senior finance staff.

1.4 Public sector financial policies and procedures relating to the work role and the organisation are located and the requirements of these are identified.

2. Implement public sector financial management requirements

2.1 Financial services are provided in accordance with public sector financial policy and procedures, organisational requirements and industry benchmarks.

2.2 Advice regarding public sector financial policies and procedures and accounting standards is provided in accordance with organisational requirements and limits of responsibility.

2.3 Organisational procedures are developed/reviewed to reflect the requirements of public sector financial policy, guidelines and procedures in accordance with organisational requirements.

2.4 Different levels of delegation are differentiated, work situations are assessed and delegation requirements relating to functions are explained/implemented in accordance with organisational procedures.

2.5 Internal control mechanisms are applied within an organisational context in accordance with organisational policy and procedures and audit requirements.

Qualifications and Skillsets

PSPFIN501A appears in the following qualifications:

  • PUA52210 - Diploma of Public Safety (Compliance)
  • PUA51709 - Diploma of Public Safety (Test and Evaluation)
  • PSP52510 - Diploma of Government (Procurement and Contracting)
  • PSP50504 - Diploma of Government (Financial Services)