Course

Course Summary
Credit Type:
Course
ACE ID:
MACI-0063
Organization's ID:
5102
Organization:
Management Concepts, Inc.
Location:
Classroom-based
Length:
3 days, 21 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 1 Accounting, Business Administration, or Public Administration
Description

Objective:

To provide knowledge of basic accounting principles used in federal business operations to conduct financial operations, develop prices, record transactions, and produce relevant financial statements.

Learning Outcomes:

  • Comply with the current policies and procedures affecting interagency business opportunities
  • Determine costs and set prices appropriate for business-like activities
  • Explain the procedures that will help avoid over-obligating, over-expending, or misusing reimbursable authority
  • Properly record interagency transactions
  • Report revenue and expenses in the Statement of Net Cost in accordance with federal standards
Instruction & Assessment

Instructional Strategies:

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