Core Courses

• None

Elective Courses

• FFMCP Accounting Master Track
• FFMCP Budgeting Master Track

Mandatory

Suggested

Federal Funding Options: Business Operations

• Financing Federal Programs and Federal Funding Options
• Offsetting Outlays Receipts—Business Operations
• Legislation Covering Business Operations—Interagency Agreements
• Comparison of the Three Major Funding Types
• Benefits of Business Operations in Government

Interagency and Other Agreements and Authority

• Federal Guidance for Business Operations
• Obligational Authority for Business Operations

Accounting Transactions for Business Operations

• Accounting Transactions for Business Operations
• Purposes of Accounting for Operations and Authority
• Budgetary and Proprietary Accounting
• U.S. Standard General Ledger
• Budgetary Accounting—Tracking the Status of the Authority
• Proprietary Accounting—Tracking the Results of the Authority
• Up-to-date USSGL Accounts
• Provider Activity
• Customer Activity
• Revenue
• Collecting Reimbursable Revenue
• Review of the Provider/Customer Relationship

Cost Accounting: Determining Costs for Business Operations

• Cost Accounting
• Objectives of Business Operations
• Key Issues
• Guidance
• Recognition and Recovery of Full Costs—Revolving Funds
• Cost Accounting Requirements
• Pricing
• Unit Cost
• NOR/AOR

Reporting on Business Operations: Financial Reports and Financial Statements

• End-of-Year Federal Reporting Requirements
• Financial Reporting

Capstone Exercise

• Background
• Additional Information
• Accounting
• T-Accounts and Trial Balance