No offerings have been identified for this subject in 2016

ACC525 Financial Accountability in the Public Sector (8)


The subject provides students with the knowledge and skills to manage effectively and efficiently the financial resources under their control. The focus of the subject is on management's use of accounting information to make effective financial decisions. Contemporary budgeting and financial systems within the student's organisation and the Public Sector in general are examined.  There is an emphasis on analysis of financial and management accounting reports.

+ Subject Availability Modes and Location

Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: ACC525
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

Some exposure or knowledge of the public.

Enrolment restrictions

Postgraduate Students

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to explain the dimensions of contemporary concepts of financial accountability and how these impact upon management processes in the public sector;
  • be able to analyse financial and management accounting reports and provide judgement as to efficacy of financial management in an organisation;
  • be able to explain and critically evaluate the budgetary processes that operate within the public; and
  • be able to create and evaluate business plans and competently assemble and manage financial resources for the achievement of those plans.


The subject will cover the following topics:
  • Structure and role of the public sector in Australia;
  • Public sector accountability framework;
  • Business plans;
  • Financial accounting concepts;
  • Management accounting concepts;
  • Budget processes.


The information contained in the 2016 CSU Handbook was accurate at the date of publication: 06 September 2016. The University reserves the right to vary the information at any time without notice.