Course

Course Summary
Credit Type:
Course
ACE ID:
ASMC-0002
Organization's ID:
ASMC-0002
Location:
Classroom-based
Length:
5 days (40 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Government Accounting or Government Accounting and Finance
Description

Objective:

The course objectives are to provide knowledge and skills about financial management concepts, including budgeting, cost analysis, accounting, and finance in the Federal Government and in the Department of Defense (DoD); broaden the student's perspective by introducing areas of financial management outside of daily responsibilities; broaden the student's perspective in a second way by exposing the student to DoD, as opposed to service-specific, financial management policies, and procedures; and define and provide instruction in the competencies covered in the Certified Defense Financial Manager (CDFM) examinations.

Learning Outcomes:

  • Describe how accounting and finance in DoD can aid financial managers in meeting objectives for reliable financial management and reporting
  • Articulate the uses and importance of auditing
  • Identify specific DoD legal requirements
  • Describe the interactions between the internal and external resource management elements of the Department of Defense (DoD)
  • Identify the standards and environments under which Federal financial managers perform the planning, programming, and budgeting cycle

General Topics:

  • Government and Department of Defense (DoD) resource management environments
  • Management internal controls
  • Personnel management
  • Manpower management
  • Planning, programming, and budgeting system
  • Cost and economic analysis
  • Business management process improvement
  • Accounting
  • Finance
  • Auditing
  • Fiscal law
  • Fiscal management
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Lectures

Methods of Assessment:

  • Case Studies
  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

80%
Supplemental Materials