Course

Course Summary
Credit Type:
Course
ACE ID:
MMWR-0056
Organization's ID:
MMWR-0056
Length:
4 weeks (32 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 financial budgeting
Description

Objective:

The course objective is to recognize and apply financial management processes required to successfully operate a Non-appropriated fund (NAF) program. This course is a practical hands-on approach to applying Family and MWR financial management processes to increase student proficiency in interpreting regulations and operating guidance, analyzing income statements, calculating and identifying labor and other operating expenses, and formulating an annual operating budget (AOB).

Learning Outcomes:

  • interpret financial management protocols and utilize specific guidelines for non-appropriate-funds program operations
  • analyze an income statement and utilize an income statement to determine program operating decisions
  • interpret non-appropriate-funds variance report and other historical financial reports
  • interpret historical data for budget applicability
  • analyze financial reports for conducting daily operations of a non-appropriate-funds organization

General Topics:

  • Non-appropriated fund (NAF) financial management protocols
  • NAF program operations guidance
  • NAF Annual Budget Guidance
  • NAF Income Statement
  • NAF Variance Report
  • Capital Purchase Minor Construction (CPMC) Process
  • Decision matrix
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Learner Presentations
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Case Studies
  • Other
  • Performance Rubrics (Checklists)
  • Presentations
  • Quizzes
  • Written Papers
  • Knowledge checks; Blogs

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)