Financial management in the public sector has a specific set of processes, structures and vocabulary – this course will help you understand these and their relevance.
Key topics include:
- Public sector structure
- Different structures within the public sector
- Different sectors within the public sector
- Legislative frameworks
- Fiscal targets
- Revenue sources
- Appropriations
- Common expenditure types
- Controlled and administered funds
- Government financial reporting
This course consists of one online course and one online assessment.
Learning objectives
Describe the following:
- The three levels of government in Australia, their legislative framework and responsibilities
- The three arms of government, their functions and their relationship with public service
- The different structures within the public sector and the relevance of the structure in supporting the government
- The different sectors within the public sector
- The legislative frameworks that apply to government entities
Explain the following:
- Fiscal targets and deficits
- Revenue sources for the different levels of government
- The appropriation cycle and the different types of appropriations
- The common expenditure types in the public sector
- The differences between controlled and administered items
- The key aspects of government financial reporting
Audience
This course is suitable for finance professionals working in the public sector.
