Unit of competency Outline

Date retreived
22/07/2026 3:21 PM AWST

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Undertake strategic financial analysis

Undertake strategic financial analysis

Unit of competency
National Code
PSPGEN079
State Code
AWV23
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
1.00
Current Release Date
07/03/2016
View on TGA
State Implementation and Classification
Approved Date
21/07/2016
Field of Education
080101 - Accounting
Original Release Date
21/07/2016
Nominal Hours
50
Description
This unit describes the skills required to perform strategic financial analysis in the public sector. It includes analysing organisational issues, determining the current resource position of the organisation, and assisting in identifying and assessing resourcing strategies.This unit applies to those working in the public sector providing specialist financial analysis.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.Those undertaking this unit would work autonomously, supervising others where necessary, performing complex tasks in a familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.
Notes
Elements and Performance Criteria
1. Analyse organisational issues
  • 1.1 Identify the financial management implications of the internal and external issues facing the organisation.
  • 1.2 Consult internal and external stakeholders and identify the impact of their expectations on financial management.
  • 1.3 Analyse information to identify strategic financial management issues and the impact of legislative requirements.
2. Ascertain the current resource position of the organisation
  • 2.1 Identify existing strategic priorities and confirm their resource requirements.
  • 2.2 Asses the economic viability of proposed goals and objectives and identify resource requirements.
  • 2.3 Prepare resource assessments to confirm the current resource position and seek endorsement by management.
3. Assist in identifying and assessing resourcing strategies
  • 3.1 Consider the financial implications of alternative resourcing and program delivery strategies.
  • 3.2 Use financial evaluation techniques to assess the effect and financial sensitivity of alternative strategies and program variations.
No information
No information
Replaces
State Code National Code Title Type
C8119 PSPFIN602A Undertake strategic financial analysis Unit of competency