Core Courses

• FFMCP Accounting Associate Track
• FFMCP Financial Management Associate Track
• FFMCP Accounting Master Track
• FFMCP Financial Management Master Track

Elective Courses

• None

Mandatory

Suggested

Introduction to Federal Accounting

• Federal Accounting

Accounting Terms, Concepts, Principles, and Methods

• Building Background
• Fundamental Accounting Concepts
• Fundamental Accounting Principles and Methods

Federal Accounting: A Closer Look

• Building Background
• Commercial vs. Federal Accounting
• Budgetary Accounting
• Proprietary Accounting
• Budgetary and Proprietary Accounting
• Budgetary Accounting Language
• How and When to Use Appropriated Funds
• Budgetary Accounting Equation
• Proprietary Accounting Equation

The Accounting Cycle

• Building Background
• Statements of Federal Financial Accounting Concepts and Standards
• Steps of the Accounting Cycle

U.S. Government Standard General Ledger

• Building Background
• Evolution of the U.S. Standard General Ledger
• USSGL Chart of Accounts
• Important Terminology for USSGL
• A Sampling of Accounts
• Budgetary and Proprietary Accounts

Fundamental Accounting Transactions

• Building Background
• Receipt and Use of an Appropriation
• Example: Government Management Agency (GMA)
• Trial Balance
• Exercise: Standard General Ledger Accounts (Direct Activities)
• Exercise: Current Year Operations

Adjusting and Closing Entries

• Building Background
• Adjusting Entries
• Closing Entries

Financial Reporting

• Building Background
• Where Does the Information Come From?
• Federal Financial Reporting
• Financial Statements