Apply complex public sector financial requirements

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 PSPFIN601A, 'Apply complex public sector financial requirements'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Apply complex public sector financial requirements' 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. Interpret and apply complex public sector financial requirements

1.1 Public sector financial requirements are identified in accordance with legislation, policy and instructions.

1.2 Public sector financial management compliance framework hierarchy is interpreted and explained to others in accordance with their needs, to ensure the organisation's compliance with the framework's requirements.

1.3 Advice regarding interpretation of public sector financial policies and procedures and accounting standards is provided in accordance with organisational requirements.

1.4 Information on the organisation's financial controls and accountabilities is interpreted and provided to management and staff in accordance with organisational requirements.

1.5 Business solutions are developed/refined for the organisation in accordance with financial management standards and public sector financial policies and procedures.

2. Establish and apply internal financial controls

2.1 Current internal controls are analysed for improvement and revised or replaced in accordance with organisational requirements.

2.2 Controls are reviewed to ensure these include effective delegation levels, lines of responsibility, and associated accountabilities.

2.3 Controls are checked for consistency with government policy and organisational structure.

2.4 Systems and surrounding control procedures are implemented, documented and made accessible in accordance with organisational policy and procedures.

3. Formulate and maintain financial policy and procedures

3.1 Public sector financial policies and procedures are interpreted and advice is provided on the implications for the organisation's financial policy and procedures.

3.2 Organisational financial policy and procedures are developed/approved in accordance with organisational requirements and government policy.

3.3 Input is provided to inter-departmental accounting groups responsible for policy development in accordance with organisational requirements to maintain and improve financial policy outcomes.

3.4 Policies are developed to meet regulatory and legislative requirements and cost effective best practice.

Qualifications and Skillsets

PSPFIN601A appears in the following qualifications:

  • PSP60304 - Advanced Diploma of Government (Financial Management)
  • PSP61210 - Advanced Diploma of Government (Procurement and Contracting)