Unit of competency Outline
Date retreived
22/07/2026 10:16 PM AWST
22/07/2026 10:16 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Promote public sector financial management compliance
Promote public sector financial management compliance
Unit of competency
National Code
DEFFIN001
DEFFIN001
State Code
BBD06
BBD06
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
21/02/2018
Field of Education
081199 - Banking, Finance And Related Fields, N.e.c.
Original Release Date
21/02/2018
Nominal Hours
0
Description
This unit describes the skills required to navigate through and comply with the financial management framework, and identify and act on non-compliance.This unit applies to those working in the public sector Finance Domain who would be required to undertake financial management activities.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, particularly those related to financial management.Those undertaking this unit would work independently or as part of a team, under indirect supervision. They must be able to use discretion and judgement and take responsibility for the quality of their outputs. They would perform complex tasks in familiar context.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Develop understanding of the financial management framework
- 1.1 Maintain currency of knowledge of the financial management framework
- 1.2 Promote knowledge sharing of the financial management framework amongst colleagues
2 Comply with the financial management framework
- 2.1 Uphold financial management policies and principles
- 2.2 Monitor compliance with financial management policies and procedures
- 2.3 Implement strategies to ensure compliance with financial management policies and procedures within work area
3 Manage compliance
- 3.1 Identify and report on instances of non-compliance
- 3.2 Implement and monitor corrective action
No information
No information
No information
| State Code | National Code | Title | Type |
|---|---|---|---|
| BDK1 | DEF50817 | Diploma of Defence Financial Management | Qualification |