Appropriations Law for Reimbursements, Revolving Funds, and User Fees (FINC9115)

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Appropriations Law for Reimbursements, Revolving Funds, and User Fees

Description

Learn the rules relating to reimbursable transactions (including Economy Act orders, non-Economy Act orders, mandatory sources, project orders), revolving funds, and user fees. Some of the most complicated and perplexing appropriated funds issues involve procuring and paying for products and services produced and consumed between government agencies. The rules concerning reimbursable orders are so complex that the Government Accountability Office (GAO) devotes the entire Chapter 12 of Volume III, Third Edition, Principles of Federal Appropriations Law, to address them. Achieve an understanding of and learn to practically apply these complex rules. A significant portion of the class involves analyzing cases to determine the proper course of action.

Duration

2 days

Level

Advanced

Who Should Attend?

Financial managers, budget/program analysts, and accountants who are involved with or need to know how federal appropriations law applies to interagency (and intra-agency) orders for goods and services. Participants should be familiar with federal appropriations law principles as taught in Federal Appropriations Law (FINC7100)

Credits

1.2 CEU's

Learning Outcomes

Describe and discuss critical issues related to interagency transactions and reimbursable agreements Correctly interpret appropriations law relating to interagency transactions and reimbursable agreements Comply with current laws as they apply to interagency agreements, Economy Act orders, non-Economy Act orders, mandatory sources, revolving funds, and user fees Recognize and adhere to the critical time frames of federal appropriations Use federal appropriations only for the purpose intended

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