Description
This one-day elective course will assist you in defining a federal budget, provide you the knowledge of how the budget is planned, authorized, appropriate and apportioned. You will also identify how the budget is allocated and executed to each agency on an annual basis. This course will further explain the policies, laws, and procedures for the budget process. Budget commitments, obligations and expenditures will also be described in this course. Lastly, you will gain an understanding and how to differentiate between the four categories for apportion budgetary resources
Learning Objectives
- Describe the Federal Budget Process and differentiate between budget formulation, Congressional action, budget execution, and control, and audit/review processes.
- Identify policies, laws, resources, and general requirements of the budget formulation process.
- Plan and develop a budget, including the application of budget management concepts.
- Understand and apply concepts related to budget commitments and obligations, expenditures and outlays, and budget authority.
- Define and differentiate between the four categories used to categorize apportion budgetary resources.
Course ID
MPB-EL
Length
1 Day
CLPs
8
Modality
In-Person
Virtual
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