Description
This course provides a quick overview of the world of Federal financial management essential to the work of auditors/evaluators in conducting any types of reviews involving federal funds and resources. According to the Yellow Book, auditors should be alert to any instances of improper or illegal acts and abuse, which includes following the money from its authorization and appropriation through its explicit allowable use. Auditors have a specific role in assessing compliance with laws, regulations, and controls for the appropriate planning, use and accountability of federal resources. This course provides special alerts to auditors about potential areas of concern or mismanagement. This course is part of the Certified Government Auditor (CGA) program, Level 1.Duration
1 day
Level
IntermediateWho Should Attend?
All federal auditors and federal contract auditors, evaluators, and reviewers of federal budgeting and those tasked with compliance testing and analyzing agency budget justifications, allocations, spending and accountability reporting, or following the money from request to use.Credits
0.6 CEU's, 8 CPE'sLearning Outcomes
Understand the size/composition scope of the United Stated annual budget along with controls and compliance requirements
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.
Available Sessions
Session Code | Start Date | End Date | Location | Tuition | |
---|---|---|---|---|---|
Session Code AUDT7020-001 | Start Date Dec 23, 2024 9:00 AM EST | End Date Dec 23, 2024 5:00 PM EST | Location Virtual | Tuition $549.00 |
Other Recommended Courses
- Federal Appropriations Law for Auditors (AUDT7010)
- Auditing Grants (AUDT7407)
- Assessing Financial-Related Activities and Controls (AUDT8811)
- Contract Auditing (AUDT8802)
- Government Standard General Ledger (ACCT8100)
- Understanding Federal Financial Statements (FINC8103)