APG5998 · Public financial management

Overview

Public financial management covers a range of resource management practices that underpin policy-making in contemporary government, including fiscal rules to guide government spending and borrowing, multi-year expenditure frameworks that capture the longer term impacts of current policy decisions, and performance-based budgeting to inform the level and relative priority of funding allocations. This unit introduces key conceptual and practical knowledge to integrate financial and non-financial performance in the public sector, and how to apply it to generate public value.

Offerings

Assessment

The Handbook publishes no assessment items for this unit yet.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. Recognise and explain the major theoretical frameworks and concepts that underpin contemporary public sector budget and financial management processes;
2. Analyse government finance frameworks;
3. Evaluate the applications of finance principles to public sector projects;
4. Critique a range of accountability and political processes;
5. Conceptualise and design budgets.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Student experience, not official rules. Nothing here changes what the Handbook says.