Government Accounting and Finance

Victoria University of Wellington

Course Description

  • Course Name

    Government Accounting and Finance

  • Host University

    Victoria University of Wellington

  • Location

    Wellington, New Zealand

  • Area of Study

    Accounting, Finance

  • Language Level

    Taught In English

  • Prerequisites

    15 200-level ACCY pts

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

    15
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    Description
    The theoretical basis of government accounting; budgetary theory; the budgetary system of New Zealand government, accounting for local authorities and public enterprise.

    Course Learning Objectives
    By the end of this course, students should be able to:
    1. Understand the public sector environment in New Zealand and how the country is governed.
    2. Understand accounting, financial management and auditing in the public sector.
    3. Understand the integrated management cycle ? strategic planning; budgeting & resource allocation; operations and budget implementation; and monitoring and reporting as it applies to public sector organisations.
    4. Analyse whether, and how, public sector financial management in New Zealand addresses the following four questions regarding the operations of the government:
    - Is it managing its financial affairs prudently? [the money thing]
    - Is it achieving what it set out to achieve? [efficiency vs. effectiveness]
    - Is it looking after its assets (people, infrastructure, intellectual capital); so it can deliver results (outcomes and outputs) in the future? [capability & risk management]
    - Is it carrying out its activities in accordance with the law and expected standards of conduct and probity? [authority & probity]
    5. Analyse particular public sector accounting and reporting issues and practices.

    Assessment
    Project 30%
    Essay 30%
    Final Exam (2 hour closed) 40%

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.