Course

Course Summary

Credit Type:

Course

ACE ID:

MMWR-0045

Organization's ID:

MMWR-0045

Organization:

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

Location:

Online

Length:

1 week (37 hours)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Lower-Division Baccalaureate	3	budget management

A suite of two courses: Entering Budget Data in Financial Management Budget System (FMBS) and Family and MWR Budget Process) both of which must be taken to receive course credit (ELearning).

Description

Objective:

The course objective is to introduce the NAF budgeting cycle including: timelines, requirements, funding sources, the budget narrative, submissions, approval process, constraints, and execution. Learners will gain an overall knowledge of the online Financial Management Budget System (FMBS), Uniform Funding and Management (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 and enter results into FMBS, the CPMC budget and the Five-Year Plan.

Learning Outcomes:

develop a FMWR NAF budget (based on historical data and operating data by using forecasting methods to calculate revenue and expenses)
complete the NAF budget by correctly entering formulated data into the FMBS
identify elements of the NAF budget submission
describe the NAF Budget and approval process
explain budget requirements constraints
examine commercial sponsorship and its origin in the Army

General Topics:

Family and MWR Budget Process, including preparing the annual operating budget, and preparing the capital purchase and minor construction budget and completing the NAF five (5) year financial plan
Finally entering budget data in Financial Management Budget System (FMBS)

Instruction & Assessment