Course Description

This 3-day class presents the fundamentals of budget formulation in the Federal Government. It covers the high-level process of budget appropriations and dives into agency-level activities that include budget formulation, and justification, Budget execution is the follow-on class to this one and is highly recommended for students interested in the Federal Government budget process. . All phases of the budget process work together to provide accountability and veracity through continuous, iterative, and independent reviews between the Legislative and Executive Branches of the Government. An emphasis is placed on the roles of the key players in the Executive and Legislative Branches. This course stresses the continuous management of budgets within an agency throughout the sequential and dependent stages. While it is easy enough to say, “do a budget,” but in reality it is a very challenging task regardless of the stage.

Learning Objectives

• Identify major legislation that impacts the Federal budget process
• Track the budget process timeline and the three phases of the budget process
• Identify the roles of the major players in the budget process
• Explain how agency budgets are prepared and how they contribute to the President’s Budget
• Identify the guidance available regarding budget formulation
• Describe and differentiate between four types of budgets
• Practice formulating an agency budget
• Comply with OMB and agency guidance on budget justification submissions
• Integrate program performance goals into resource requests

Cancellation Policy: In the event a course is cancelled by force majeure, the course must be rescheduled within 180 days, plus any non-reimbursable fees incurred by BMRA, to avoid the penalty of full payment to BMRA for the entire cost. In the event an entire course session is cancelled, for reasons other than force majeure, less than thirty (30) calendar days prior to course commencement, all costs that BMRA incurred in preparing to teach this course must be reimbursed unless they may be reallocated to the rescheduled course. A postponement of a course is considered a cancellation unless it is rescheduled within 180 days from the date of postponement.

Complaint Resolution Policy: Complaints will be promptly addressed by calling 703-691-0868 or emailing businessdevelopment@bmra.com.

Business Management Research Associates, Inc. (BMRA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.

For more information, please contact businessdevelopment@bmra.com or call us at (703) 691-0868 ext. 100.