Description:
Learn the goals, roles, and activities of the Defense Working Capital Funds (DWCF) and how they function in the Federal Government. Utilize a revolving fund concept in designing a business-like enterprise to operate within the Department of Defense (DoD) environment.Duration:
3 days
Level:
IntermediateWho Should Attend?
DoD financial managers, program managers and other DoD civilian or military personnel who need a comprehensive understanding of working capital funds, including policies, procedures, concepts and terms.Credits:
1.8 CEU's, 24 CPE'sLearning Outcomes:
Describe the legislative history and authority for DWCF
Distinguish between a DWCF and an appropriated fund program
Apply effective DWCF business principles and concepts
Employ effective working relationships with customers and suppliers
Apply the basics of DWCF accounting, budgeting, cost recovery, financial reporting and analysis