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Qualification details

PSP50504 - Diploma of Government (Financial Services) (Release 2)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Is superseded by and equivalent to PSP50512 - Diploma of Government (Financial Services)New release of PSP50504. Elective grouping changed. 31/Oct/2012

Releases:
ReleaseRelease date
2 (this release) 07/Mar/2012
(View details for release 1) 05/May/2009

Delivery:
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Training packages that include this qualification

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
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PSPETHC501B - Promote the values and ethos of public servicePromote the values and ethos of public serviceSupersededN/A
PSPGOV504B - Undertake research and analysisUndertake research and analysisSupersededN/A
FNSACC503A - Manage budgets and forecastsManage budgets and forecastsSupersededN/A
FNSACC601A - Prepare complex tax returnsPrepare complex tax returnsSupersededN/A
FNSORG502A - Develop and monitor policy and proceduresDevelop and monitor policy and proceduresSupersededN/A
PSPGOV505A - Promote diversityPromote diversitySupersededN/A
FNSACC505A - Establish and maintain accounting information systemsEstablish and maintain accounting information systemsSupersededN/A
FNSACC506A - Implement and maintain internal control proceduresImplement and maintain internal control proceduresSupersededN/A
FNSICORG509A - Maintain integrity of financial systemsMaintain integrity of financial systemsDeletedN/A
PSPFIN501A - Apply public sector financial policies and processesApply public sector financial policies and processesSupersededN/A
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 221111 Accountant (General) 
ASCO (occupation type) Identifier 2211-11 Accountant 
ASCED Qualification/Course Field of Education Identifier 0901 Political Science And Policy Studies 
Qualification/Course Level of Education Identifier 421 Diploma 
Taxonomy - Industry Sector N/A Fraud Control 
Taxonomy - Occupation N/A Senior Finance Officer 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 221111 Accountant (General) 05/May/2009 
ASCO (occupation type) Identifier 2211-11 Accountant 24/May/2005 
ASCED Qualification/Course Field of Education Identifier 0901 Political Science And Policy Studies 24/May/2005 
Qualification/Course Level of Education Identifier 421 Diploma 05/May/2009 
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Modification History

PSP50504 Release 2: Layout adjusted. No changes to content.

PSP50504 Release 1: Primary release.

Description

This specialist qualification covers the competencies required of senior finance officers in the public sector. Electives should reflect the responsibilities of the individual and the job skills required for effective performance. Where a free choice of Electives is possible in the qualification packaging rules, Electives may also be drawn from other Training Packages to reflect the work context and career plans of the individual.

Pathways Information

Not applicable.

Licensing/Regulatory Information

Not applicable.

Entry Requirements

Not applicable.

Employability Skills Summary

Not applicable.

Packaging Rules

This qualification requires 11 units of competency including:

  • 7 core units
  • 4 elective units

Choose 4 electives from the list below:

  • a minimum of 3 from the electives list;
  • the remaining unit from elsewhere within this Training Package, or  from another endorsed Training Package or  Accredited Course.

Units selected should not duplicate content already covered by other units in this qualification .

All elective units must be selected from an equivalent qualification level or higher, unless otherwise stated.

** For this qualification, a maximum of 1 unit from Certificate IV level may be used.

Core Units 

PSPETHC501B

Promote the values and ethos of public service

PSPGOV504B

Undertake research and analysis

PSPGOV505A

Promote diversity

PSPGOV512A

Use complex workplace communication strategies

PSPLEGN501B

Promote compliance with legislation in the public sector

PSPOHS501A

Monitor and maintain workplace safety

PSPFIN501A

Apply public sector financial policies and processes

Electives 

FNSACC501A

Provide financial and business performance information

FNSACC503A

Manage budgets and forecasts

FNSACC505A

Establish and maintain accounting information systems

FNSACC506A

Implement and maintain internal control procedures

FNSACC507A

Provide management accounting information

FNSACC601A

Prepare complex tax returns

FNSACC603A

Implement tax plans and evaluate tax compliance

FNSICACC307A

Reconcile and monitor accounts receivable

FNSICORG509A

Maintain integrity of financial systems

FNSORG502A

Develop and monitor policy and procedures

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