DEFFIN006 — Perform financial management of public sector assets
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What an assessment for DEFFIN006 must cover
23 assessable components: 4 elements (12 performance criteria), 7 performance evidence and 4 knowledge evidence requirements. An audit-defensible tool maps every question and task back to these — that mapping is the coverage matrix Auditori generates alongside the assessment.
Elements & performance criteria
1 Conduct asset assessment
- 1.1Determine asset type
- 1.2Calculate asset value
- 1.3Record details on the relevant financial management system
2 Review assets under construction
- 2.1Determine accounting treatment of project expenditure
- 2.2Assess ongoing viability of assets to provide assurance of the value
- 2.3Validate acceptance documentation and recognise assets in use in the financial management system
3 Perform asset management reviews
- 3.1Analyse and prepare data for the asset management reviews
- 3.2Distribute prepared data to relevant stakeholders
- 3.3Analyse stakeholder returns
- 3.4Process financial adjustments in the financial management system
4 Process financial adjustment of disposed assets
- 4.1Review disposal documentation for accuracy and completeness
- 4.2Process disposal on financial management system
Performance evidence
- analysing and providing assurance of Asset-Under-Construction value
- calculating asset value
- communicating with stakeholders
- evaluating data for asset management review
- preparing reports
- processing and reviewing financial adjustments, additions and disposals
- validating acceptance documentation
Knowledge evidence
- asset types
- difference between a capital and an expensed payment
- disposal documentation requirements
- relevant legislation and organisational asset accounting policies
Unit content sourced from training.gov.au — © Commonwealth of Australia, licensed under CC BY 4.0. Auditori is not affiliated with the Department of Employment and Workplace Relations.
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Real, unedited Auditori output (RIIHAN201E shown), branded for a sample RTO:
Questions about assessing DEFFIN006
What does an assessment tool for DEFFIN006 need to cover?
To satisfy the Principles of Assessment and Rules of Evidence, an assessment for DEFFIN006 needs to address all 23 unit components: 4 elements with 12 performance criteria, 7 performance evidence requirements, 4 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.
How does Auditori generate an assessment tool for DEFFIN006?
Auditori pulls the current release of DEFFIN006 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.
Is the first assessment tool really free?
Yes. Every new account includes one free credit — enough to generate the complete assessment tool for DEFFIN006 — with no card and no subscription required. After that it's pay-as-you-go per unit.
Can I check my existing DEFFIN006 assessment instead of generating a new one?
Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of DEFFIN006, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.
Related units
- DEFFIN001 — Promote public sector financial management compliance
- DEFFIN002 — Perform strategic financial management in the public sector environment
- DEFFIN003 — Ensure financial data quality
- DEFFIN004 — Support strategic financial management in the public sector environment
- DEFFIN005 — Understand and comply with a financial management framework
- DEFFIN007 — Analyse and report on organisational operating costs
- DEFFIN008 — Provide financial management for materiel acquisition projects
- DEFFIN009 — Perform taxation management
- DEFFIN010 — Manage banking services
- DEFFIN011 — Perform administration and management of financial systems
- DEFFIN012 — Develop financial policies and procedures
- DEFFIN013 — Provide advice on complex policy matters
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