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ATHE Level 5 Diploma in Management for Health and Social Care
Managing Finance in the Public Sector
Unit aims
To provide the skills and techniques to analyse and control finance in a public sector environment. To explain accountability for public sector finance
Learning Outcomes
1. Understand accountability in the context of public sector finance
1.1 Analyse the different organisations in the public sector
1.2 Assess the accountability of public sector managers in relation to finance
1.3 Analyse financial information reported for different public sector organisations
2. Understand how to use financial information for decision-making and control
2.1 Analyse the financial information available and evaluate its use for decision-making and control
2.2 Assess areas to be monitored and demonstrate how this can be achieved
2.3 Analyse different types of financial decisions to be made and demonstrate techniques to support decision making
3. Understand how to manage a public sector tender process
3.1 Determine process by which projects are put out to tender
3.2 Analyse how public sector tenders are evaluated and suitable suppliers selected
