Description:
This one-day seminar is essential for Executives and Resource Managers to intelligently direct the best use of federal money when decisions are the toughest and funding challenges are the greatest. Federal agencies endure times when funds are scarce, including: at year-end; during continuing resolutions; and, when programs, projects, and activities run into technical, management or financial difficulties. How do we predict, prevent, prepare, and decide during these tough times? What legal alternatives and actions are available to offer the “best” outcomes? This course explores strategic approaches to federal financial management challenges; suggestions to prevent financial crises (including personal liability), and to mitigate the impact of financial crises. Strategic alternatives and specific approaches are suggested through the financial cycle to the final disbursement of funds.Duration:
1 day
Level:
AdvancedWho Should Attend?
Federal executives, decision makers and managers who have direct responsibility and accountability for planning and spending federal funds to meet mission objectives.Prerequisites:
- Federal Appropriations Law (FINC7100)
Credits:
0.6 CEU's, 8 CPE'sLearning Outcomes:
Gain a practical understanding of the legal framework governing federal spending.
Prepare and execute a plan before, during and after a Continuing Resolution.
Plan and execute maximum spending alternatives and opportunities with Year-End funds.
Recognize the limitations and adjustments necessary to priorities and performance objectives.
Avoid actions for which there are severe penalties and the red flags of possible violations.
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Other Recommended Courses:
- Enterprise Risk Management: Executive Seminar for Resource Managers (FINC8912)
- What an Audit Means to You: Working with the Auditors and Surviving an Audit (FINC8010)
- Strategic Spending Executive Seminar: Intelligent Funds Management in Challenging Times (FINC9005)
- Activity Costing Executive Seminar for Performance Accountability (FINC9010)
- Financial Management Bootcamp for New Federal Managers (FINC7010)
- Federal Appropriations Law Refresher and Update (FINC8147)