Budget Execution and Analysis: An Introduction
NASBA CPEs: 14|
Who Should Attend
Newly hired budget analysts, budget assistants, other analysts, assistants, administrative staff working on budget issues, other staff members who handle budget execution issues, and anyone else who wants to learn about budget execution and the Budget Analysis Series, GS-0560.
This class was formerly called Budget Analysis: An Introduction
What You Will Learn
- Find out what it takes to succeed as a budget analyst or budget assistant.
- Learn the knowledge, skills, abilities, and competencies required of the budget analyst series.
- Gain an understanding of the promotions available within this series.
- Develop the analytical and critical problem solving skills required for budget analysts and budget assistants.
- Receive tips for moving up in this professional series.
- Understand common budget terms and use them correctly.
- Review relevant laws, regulations, policies, precedents, methods, and techniques of budgeting.
- Understand the budget analyst’s and budget assistant’s role in the Federal budget process.
- Receive an overview of the Federal budget process: budget formulation, budget presentation-enactment, and budget execution.
- Receive an overview of the various budget analysis functions, including:
-Formulation of budget and cost estimates to support plans, programs, and activities.
-Presentation and defense of budget estimates before fund reviewing and granting authorities.
-Review and evaluation of budget requests.
-Administration and review of requests for apportionments and allotments.
-Review, control, and reporting of obligations and expenditures.
-Development, determination, and interpretation of budgetary policies and practices.
- Understand your role when providing advice to program managers, agency administrators, and others, including:
-Amount and type of funding available.
-Purposes for which budget money may be legally used.
-Time frames within which available funds or authority must be used.
-Trends in the obligation and/or expenditure of funds.
Why You Should Attend
This course will prepare you to tackle budget-related issues in your current position, while preparing you for success in the Budget Analysis (GS-560) series.