Course

Course Summary
Credit Type:
Course
ACE ID:
MACI-0039
Organization's ID:
5350
Organization:
Management Concepts, Inc.
Location:
Classroom-based
Length:
4 days, 28 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Graduate 2 Financial Management or Business Administration
Description

Objective:

To provide the student with the opportunity to experience the full range of budget activities in a simulation environment.

Learning Outcomes:

  • Construct and evaluate a performance plan
  • Conduct a cost-benefit analysis and make recommendations based on that analysis, evaluate financial strategies for capital programming requirements, determine budget cost estimates of a unit budget, write effective budget justifications, analyze funding requirements and estimate year-end spending, determine appropriate funding for unprogrammed requirements, interpret and reconcile budgetary and proprietary financial statements

General Topics:

  • Strategic planning
  • Performance planning and reporting
  • Programming and cost analysis
  • Labor resource planning
  • Working capital funds
  • Non-labor costs
  • Negotiating budget decrement
  • Budget justifications
  • Financial planning and status of funds analysis
  • Preventing ADA violations
  • Funding unprogrammed requirements
  • Funding prior year bills
  • Accounting and financial reporting
Instruction & Assessment

Instructional Strategies:

  • Classroom Exercise
  • Discussion
  • Lectures
  • Work-based Learning
Supplemental Materials