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).