Budget Execution
16 CPEs
This course is designed for federal employees who participate in their organization's budget execution processes and need to become familiar with the principles, laws, and procedures affiliated with proper budget execution.
Course Objectives:
Upon completion of this course, participants will be able to:
Identify congressional legislation and spending plans
Identify key financial management legislation affecting budget execution
Outline the major budget execution steps
Discuss budget execution in terms of legal availability of funds with respect to purpose, time, and amount
Identify potential Anti-deficiency Act violations
List accounting and financial reporting requirements, processes and sources of guidance
Track and control a financial, operating or spending plan
Identify practical tools and techniques for modifying a financial, operating or spending plan
Analyze actual vs. planned figures to evaluate year-to-date performance
Discuss how the strategic planning process drives budget execution
Prerequisites:
Supervisory discretion - Intermediate level
Attending Federal Budget Process recommended prior to this course