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Qualification details

DEF50817 - Diploma of Defence Financial Management (Release 2)

Summary

Usage recommendation:
Current
Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 22/Dec/2022
(View details for release 1) 17/Aug/2017


Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnUsage RecommendationSort Table listing Units of Competency by the Usage Recommendation columnEssentialSort Table listing Units of Competency by the Essential column
DEFFIN006 - Perform financial management of public sector assetsPerform financial management of public sector assetsCurrentElective
DEFGEN011 - Interpret policy, legislation and regulationsInterpret policy, legislation and regulationsCurrentElective
DEFGEN003 - Lead a teamLead a teamCurrentElective
DEFFIN007 - Analyse and report on organisational operating costsAnalyse and report on organisational operating costsCurrentElective
DEFFIN028 - Oversee public sector financial transaction processingOversee public sector financial transaction processingCurrentElective
FNSORG501 - Develop and manage a budgetDevelop and manage a budgetCurrentElective
DEFGEN029 - Lead successful workplace relationsLead successful workplace relationsCurrentElective
DEFFIN026 - Manage public sector financial compliance and assuranceManage public sector financial compliance and assuranceCurrentElective
DEFFIN010 - Manage banking servicesManage banking servicesCurrentElective
DEFFIN014 - Coordinate public sector finance skill developmentCoordinate public sector finance skill developmentCurrentElective
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 139211 Senior Non-Commissioned Defence Force Member 
ASCED Qualification/Course Field of Education Identifier 0801 Accounting 
Qualification/Course Level of Education Identifier 421 Diploma 
Taxonomy - Industry Sector N/A Defence Services 
Taxonomy - Occupation N/A No Specific Job Role 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 139211 Senior Non-Commissioned Defence Force Member 12/Oct/2017 
ASCED Qualification/Course Field of Education Identifier 0801 Accounting 12/Oct/2017 
Qualification/Course Level of Education Identifier 421 Diploma 17/Aug/2017 
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Modification History

Release 2.  Updated superseded elective units.

Release 1.  This is the first release of this qualification in the DEF Defence Training Package.

Qualification Description

This qualification allows for the attainment of competencies in Government public sector financial management activities.

No licensing, legislative or certification requirements apply to this qualification at the time of publication.

Packaging Rules

11 units of competency are required for this qualification comprising:

  • 5 core units listed below, plus
  • 6 elective units.

Choose a minimum of 4 elective units from the list below, of which 2 units must be taken from Group A.

Choose the remaining 2 elective units from the elective unit lists below or from elsewhere within this training package, or from another endorsed training package, or from an accredited course.

All elective units selected from outside this qualification must support the learning outcomes of this AQF qualification level.

Elective units selected must not duplicate content already covered by other units within this qualification. 

Where imported units are selected, care must be taken to ensure that all prerequisite units specified are complied with.

Core units  

DEFFIN001

Promote public sector financial management compliance

DEFFIN002

Perform strategic financial management in the public sector environment

DEFFIN003

Ensure financial data quality

PSPGEN044

Develop client services

PSPGEN054

Use complex workplace communication strategies

Group A: Specialisation elective units 

BSBSTR502

Facilitate continuous improvement

DEFGEN003

Lead a team

DEFGEN029

Lead successful workplace relationships

Group B: General elective units 

BSBAUD515

Evaluate and review compliance

DEFFIN006

Perform financial management of public sector assets

DEFFIN007

Analyse and report on organisational operating costs

DEFFIN008

Provide financial management for materiel acquisition projects

DEFFIN009

Perform taxation management

DEFFIN010

Manage banking services

DEFFIN011

Perform administration and management of financial systems

DEFFIN012

Develop financial policies and procedures

DEFFIN013

Provide advice on complex policy matters

DEFFIN014

Coordinate public sector finance skill development

DEFFIN015

Support the management of the public sector finance function

DEFFIN026

Manage public sector financial compliance and assurance

DEFFIN028

Oversee public sector financial transaction processing

DEFFIN029

Provide validation and assurance of costs

DEFGEN011

Interpret policy, legislation and regulations

FNSCRD415

Manage overdue customer accounts

FNSORG501

Develop and manage a budget

Qualification Mapping Information

No equivalent qualification.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=6bdbab1e-11ed-4bc9-9cba-9e1a55d4e4a9