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Qualification details

PSP60312 - Advanced Diploma of Government (Financial Management) (Release 1)

Summary

Usage recommendation:
Deleted
The Deleted usage recommendation was implemented on 13 June 2017 to describe training components that have no replacement. Enrolments in training components and statements of attainment or qualifications issued before 13 June 2017 are valid. For any components marked as deleted after 13 June 2017, the applicable transition/teach-out periods apply. For specific questions regarding the enrolment, delivery or issuance of a statement of attainment/qualification, please contact your training regulator.
Mapping:
MappingNotesDate
DeletedDeleted from PSP12 Public Sector Training Package06/Mar/2016
Supersedes and is equivalent to PSP60304 - Advanced Diploma of Government (Financial Management)New release of PSP6030431/Oct/2012

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 01/Nov/2012

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 columnEssentialSort Table listing Units of Competency by the Essential column
FNSACC602A - Audit and report on financial systems and recordsAudit and report on financial systems and records Elective
FNSACC603A - Implement tax plans and evaluate tax complianceImplement tax plans and evaluate tax compliance Elective
FNSACC604A - Monitor corporate governance activitiesMonitor corporate governance activities Elective
FNSACC605A - Implement organisational improvement programsImplement organisational improvement programs Elective
FNSACC606A - Conduct internal auditConduct internal audit Elective
FNSACC607A - Evaluate business performanceEvaluate business performance Elective
FNSACC608A - Evaluate organisation's financial performanceEvaluate organisation's financial performance Elective
FNSACC609A - Evaluate financial riskEvaluate financial risk Elective
FNSACC610A - Develop and implement financial strategiesDevelop and implement financial strategies Elective
FNSACC613A - Prepare and analyse management accounting informationPrepare and analyse management accounting information Elective
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 511112 Program Or Project Administrator 
ASCO (occupation type) Identifier 3292-11 Project Or Program Administrator 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 
Taxonomy - Industry Sector N/A Financial Services 
Taxonomy - Occupation N/A Chief Financial Officer 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 511112 Program Or Project Administrator 20/Feb/2013 
ASCO (occupation type) Identifier 3292-11 Project Or Program Administrator 20/Feb/2013 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 20/Feb/2013 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 01/Nov/2012 
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Modification History

Release 

TP Version 

Comments 

1

PSP12 V1

First release. Supersedes and equivalent to PSP60304

Description

This specialist qualification covers the competencies required of finance managers 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

15 units of competency are required for this qualification:

  • 8 core units
  • 7 elective units

Choose 7 elective units from the list below

  • 1 unit from Group A
  • 5 units from Group B
  • 1 unit from elsewhere within this Training Package, or or  from another endorsed Training Package, or  from an 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 Diploma level may be used.

Core Units 

PSPETHC601B

Maintain and enhance confidence in public service

PSPGOV601B

Apply government systems

PSPGOV602B

Establish and maintain strategic networks

PSPLEGN601B

Manage compliance with legislation in the public sector

PSPMNGT605B

Manage diversity

PSPOHS602A

Manage workplace safety

PSPPOL603A

Manage policy implementation

PSPFIN601A

Apply complex public sector financial requirements

Elective Units 

Group A 

PSPFIN602A

Undertake strategic financial analysis

PSPFIN603A

Develop public sector financial strategies

Group B 

FNSACC602A

Audit and report on financial systems and records

FNSACC603A

Implement tax plans and evaluate tax compliance

FNSACC604A

Monitor corporate governance activities

FNSACC605A

Implement organisational improvement programs

FNSACC606A

Conduct internal audit

FNSACC607A

Evaluate business performance

FNSACC608A

Evaluate organisation's financial performance

FNSACC609A

Evaluate financial risk

FNSACC610A

Develop and implement financial strategies

FNSACC613A

Prepare and analyse management accounting information

FNSACC614A

Prepare complex corporate financial reports

FNSINC602A

Interpret and use financial statistics and tools