Course

Course Summary
Credit Type:
Course
ACE ID:
MMWR-0045
Organization's ID:
MMWR-0045
Location:
Online
Length:
1 week (35 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 Budget Management
Description

Objective:

The course objective is to introduce the NAF and APF budgeting cycle including: requirements, funding sources, budget narrative, submissions, approval process, constraints, and execution. Students will gain an overall knowledge of the Financial Management Budget System (FMBS), UFMs and Management Decision Packages (MDEPs) to complete the three budget inputs: Annual Operating Budget [AOB], Capital Purchase and Minor Construction [CPMC], and Appropriated Fund [APF] / Non-Appropriated Fund [NAF] 5-Year Plan. This will be accomplished through practical exercises to forecast revenue and expenses, enter results into the FMBS and how to enter data into the CPMC budget and the Five-Year.

Learning Outcomes:

  • Complete the NAF budget by correctly entering formulated data into the FMBS
  • Identify elements of the NAF budget submission
  • Explain budget requirements constraints
  • Develop a FMWR NAF budget (based on historical data and operating data by using forecasting methods to calculate revenue and expenses)
  • Describe the NAF Budget and approval process
  • Examine commercial sponsorship and its origin in the Army

General Topics:

  • Family and MWR budgeting in the NAF system including preparing the annual operating budget, and preparing the capital purchase and minor construction budget and the APF/NAF five (5) year financial plan
  • Family and MWR budgeting and APF support including the NAF budget process, and starting the MWR budget process
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Other
  • Quizzes

Minimum Passing Score:

75%
Supplemental Materials

Other offerings from Installation Management Command, G7 Training Division MG Robert M. Joyce School for Family and MWR

(MMWR-0067)