Dollars and Sense
16 CPEs

This course is an informative overall introduction to government financial management. Participants become acquainted with the historical context of the federal government and the legal concepts that drive congressional appropriation actions. Dollars and Sense - 16 CPEs

This course is an informative overall introduction to government financial management. Participants become acquainted with the historical context of the federal government and the legal concepts that drive congressional appropriation actions.

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Course Objectives:

Upon completion of this course, participants will be able to:

  • Explain government historical perspective (legislative requirements)

  • Grasp the Federal Budget Process

  • Practice Appropriation Law case studies

  • Interpret Federal Account Symbols and Titles (receipt, expenditure, suspense)

  • Select the correct Agency Location Codes (ALCs/DSSNs)

  • Use Budgetary formula and OMB reports SF 132 and 133 (Facts II)

  • Apply FMS 6200 Warrant and FMS 1151 Non Expenditure Transfer Authorization

  • Demonstrate the use of collection/disbursement documents and monthly reports

  • Construct sample FMS 224 (FMS 1219/1220) Reporting documents

Prerequisites:

  • Supervisory discretion - Basic level