Government Accounting and Finance
Victoria University of Wellington
Wellington, New Zealand
Area of Study
Taught In English
15 200-level ACCY pts
Course Level Recommendations
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.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
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.
Final Exam (2 hour closed) 40%
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.