Diploma of Government (Financial Services) PSP50504

This course maps to capability: 3
COST Prices include GST and are subject to change
Member
$3,300.00
Group Booking
$3,410.00
Non-Member
$3,520.00

Overview

The Diploma of Government (Financial Services) PSP50504 explores accounting and financial management in the context of the NSW Government financial framework. This qualification is targeted at finance managers in NSW Government agencies and state-owned corporations, line managers with financial responsibilities who wish to extend their financial knowledge, experienced managers seeking to formalise their skills and knowledge through a qualification and managers seeking to develop and attain capability in skills/knowledge and qualifications in financial management.

Learning approach

This course maximises the opportunities for self-directed learning and action research to develop participants’ knowledge, skills and attributes while achieving the learning outcomes of the course.

The course encompasses a mixture of five days of face-to-face training, work-based activities, assessments and an option to demonstrate previous experience and knowledge through the Recognition of Prior Learning (RPL) process to obtain a full diploma qualification.

Assessment

Assessment is conducted through a series of workplace-based activities. The practical focus enables participants to demonstrate the financial and accounting skills and knowledge obtained on the course. Some assessment tasks are completed during the course; however, out-of-hours work is required. One assessment element requires a degree of research, which is completed back in the workplace.

Course outline

Below is an overview of the units covered in this course. Please note that a briefing for the Recognition of Prior Learning (RPL) process is included in the course. Participants are also provided with a comprehensive guide to the RPL process and learning resources so that they can prepare appropriately.

Five-day workshop

  • PSPFIN501A Apply public sector financial policies and processes
  • FNSACCT402B Produce job costing information
  • FNSACCT501B Provide financial and business performance information
  • FNSACCT503A Manage budgets and forecasts
  • FNSACCT507B Provide management accounting information
  • PSPGOV504B Undertake research and analysis

Recognition of Prior Learning (RPL)

  • PSPETHC501B Promote the values and ethos of public service
  • PSPGOV505A Promote diversity
  • PSPLEGN501B Promote compliance with legislation in the public sector
  • PSPOHS501A Monitor and maintain workplace safety
  • PSPGOV512A Use complex workplace communications strategies

This course is delivered in a partnering arrangement with Major Training Services Pty Ltd (RTO ID No 90748).

Course Dates - 2012 Five Days

  1. 20 Aug 2012 , 21 Aug 2012 , 22 Aug 2012 , 19 Sep 2012 , 20 Sep 2012

Course Content

This NSW Government-specific course builds a comprehensive framework for effective financial management. It provides participants with the key competencies required for contemporary financial management.

Course Outcomes

By the end of this course attendees should be able to:

  • understand financial management
  • have an understanding of the financial framework
  • know how Results and Services plans effect financial performance
  • understand accrual accounting fundamentals
  • assess financial performance
  • prepare a budget
  • perform effective and complex communications
  • cost a service.

Benefits to your organisation

  • staff who have formal financial skills
  • better managed budgets
  • greater financial accountability

Benefits to you

  • ability to prepare accurate budgets
  • greater awareness of the NSW Government financial framework
  • ability to operate with a higher level of financial acumen