Course Description: This course is designed for accountants/budget analysts who desire insight into federal budgeting and accounting. This course will provide a basic understanding of federal budgeting and accounting with insight into new financial systems.
Course Objective:
· Make the connection between budgeting and accounting
· Apply budget and accounting terminology appropriately
· Track budgetary and proprietary accounting transactions through the budget execution process
· Describe the use of the U.S. Standard General Ledger account structure
· Relate budget obligations to agency assets, liabilities, and expenses
· Determine unfunded budget requirements from accounting reports
· Improve budget estimating with accounting information