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Financial Management Bootcamp for New Federal Managers (FINC7010)

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Financial Management Bootcamp for New Federal Managers

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.

Duration:

1 day

Level:

Foundational

Who Should Attend?

This course is ideal for professionals at all levels who seek to enhance their communication skills within the workplace. Whether you’re a manager, team leader, or individual contributor, if you aim to overcome barriers to effective office communication, this course is for you. It’s particularly beneficial for those who want to:

Credits:

0.6 CEU's, 8 CPE's

Learning Outcomes:

Understand the size and composition scope of the United States 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

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