Financial Management Bootcamp for New Federal Managers (FINC7010)

Description:

This course provides a quick essential overview of Federal financial management to new federal managers and those who manage federal funds. All federal managers and staff with responsibility over the planning, application, certification, accounting, and reporting on the use of federal funds have a personal, professional, and legal responsibility, based upon the U.S. Constitution, for the appropriate stewardship of those resources as explicitly authorized and appropriated. This course will familiarize federal managers and those managing resources with many of the laws, regulations and compliance requirements for the federal budget cycle, spending process, control, accounting, and reporting.

Who Should Attend?

All new federal financial managers, new federal financial management staff, new high-level appointees and those tasked with reviewing and analyzing agency budget justifications, allocations, and accountability reporting, such as OMB budget examiners and Congressional Appropriations Committee staff.

Tuition:

$579.00

Credits:

8 CPE's

Class Type:

This course is currently being offered in the following training modalities:

• Online
  • Virtual Instructor-Led - FINC7010A001
    • Class Length: This class is listed as a 1-day course.
• In-Person Classroom
  • Financial Management Bootcamp for New Federal Managers - FINC7010D
    • Class Length: This class is listed as a 1-day course.
    • For in-person training sessions, participants are required to download the course materials to a personal device (e.g., laptop or tablet) and bring their device to class for use during classroom instruction.
• On-Site
  • Contact our Business Development department for more information.

Learning Outcomes:

• Understand the size and composition scope of the United Stated annual budget.
• Know the phases of Federal/Congressional Budget Cycle.
• Describe the titles, roles and functions of federal financial management professionals.
• Understand the lifecycle of federal financial transactions from initial commitment to eventual expenditure.
• Know the functional connections between finance and procurement.
• Know the sources of authority that guide and control an Agency’s financial management activities.
• Recognize the restrictions and authorities on communication of financial information.