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Federal Budget

Duration: 2 days

Target Audience: GS/GG 09-12/NH-03/equivalent

Capacity: 25

CLPs: 16

Course Description

This course provides individuals not directly involved in budgeting with a practical grasp of Federal financial and managerial systems essential for executing budgeting and accounting procedures. The course places a strong emphasis on harnessing the potential of these financial systems and processes to effectively fulfill the mission of the agency. Through active participation, attendees will gain insights into how the federal budget process can influence their specific roles, while also learning strategies to navigate these influences through strategic contingency planning. Participants will attain a comprehensive understanding, at a macro level, of the budget formulation process, as well as a keen awareness of the implications of the Government Performance and Results Act (GPRA). Additionally, attendees will become familiar with the primary phases and timelines inherent in the budget process and will master the application of appropriate methodologies to estimate costs related to staff salaries, benefits, travel, and contract expenses. This course serves as a valuable resource for individuals seeking to bridge the gap between their roles and the intricacies of budgeting in the federal context.

Course Learning Objectives

  • Describe the key components of the Federal financial management process, emphasizing the budget formulation, execution, and monitoring within the Federal system. 
  • Present a budget, with an emphasis on budget defense and its relevance to agency mission fulfillment. 
  • Describe how to use financial accounting and reporting systems for effective oversight of financial resources. 
  • Develop and apply measurable financial criteria for programs and projects to assess financial performance and enhance fiscal accountability. 
  • Describe how to incorporate Government Performance and Results Act (GPRA) requirements to estimate and manage costs in areas such as staffing, travel, and contracts.

Registration

For dates and registration, please visit the DATMS website.

https://www.defense.gov/

An official website of the Department of Defense

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