Description:
Master the skills necessary to build an accurate and defensible budget compliant with budget-related legislation and the strict standards of the Office of Management and Budget (OMB). Learn how to define outcomes and other performance measures, gather the data necessary to prepare a budget, identify the dollar resources needed to attain the performance outcomes, and present and defend your budget. This course is part of the Master Certificate in Federal Financial Management (MCFFM).Duration:
3 days
Level:
IntermediateWho Should Attend?
Budget analysts, financial management specialists and program managers who assist in the preparation of their organization's budget submission and compile cost data and other information to contribute to decisions about future program activities, funding, and budget strategies. Participants should be familiar with budget principles as taught in Introduction to Federal Budgeting (BUDG7001)Credits:
1.8 CEU's, 24 CPE'sLearning Outcomes:
Effectively use essential budget concepts and terminology
Implement effective tools and techniques in documenting, presenting, and justifying a budget
Explain the relationship between the current and prior year budgets and the strategic plan
Use effective techniques for formulating a budget that adheres to the requirements set forth in the Office of Management and Budget (OMB) Circular A-11
Describe the presidential and congressional-directed performance evaluation process
Describe the steps for building a budget and effectively determine budget requirements that reflect the mission and strategic plan of your program
Develop a performance budget in accordance with the requirements of the Government Performance and Results Act of 1993 (GPRA) and the GPRA Modernization Act of 2010