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Course 5750 | Virtual | Classroom
Contemporary Issues in Defense Financial Management
Overview
Contemporary Issues in Defense Financial Management is a two-day course that examines current and future trends in finance and accounting. While this course covers governmentwide initiatives, special emphasis is placed on the Department of Defense (DoD), also known by its historic secondary title, the Department of War. The course highlights how legislative and policy changes impact financial management procedures, processes, and standards across the defense enterprise.
Tip You may see references to the Department of Defense (DoD) throughout this course rather than the Department of War (DoW). Executive Order 14337 restored the historic name Department of War as a secondary title. The Department of Defense remains the official and primary name used in statutes, policy, guidance, systems, and formal documentation. For clarity and consistency with current federal practice, this course uses DoD except where historical context specifically requires otherwise.
Who Attends
This course is designed for individuals seeking to understand future trends in financial management and gain a perspective needed to effectively lead their organizations.
Course Level: Advanced
CLP: 16 | CPE: 16
Duration: 2 Days
Price: $ 1169.00 
Course prices shown here do not include a credit card surcharge. Payments by ACH, EFT, or check do not include the surcharge and are offered at a lower price. At checkout, you may choose a payment method that avoids the credit card surcharge.
Course Details
Volume Discounts (5+ Seats)
Private Group TrainingAvailable Dates
Guaranteed to Run are designated with a 
August 10 - August 11, 2026
Class ID: 265750003
Virtual
9 AM - 5 PM EST
December 16 - December 17, 2026
Class ID: 265750004
Virtual
9 AM - 5 PM EST
Learning Objectives
- Identify current and future trends, including anticipated legislation impacting federal financial management
- Describe the current and potential impact of the U.S. government's fiscal position on budgeting and resource allocation in the Department of Defense (DoD)
- Explain how the strategic documents and plans of U.S. executive branch agencies are changing the DoD landscape
- Describe the requirements for annual performance plans, performance management, and performance reporting and their potential impact on budgets and programs
- Describe the key goals of DoD for the workforce as a whole
- Explain financial and performance reporting and the challenges that result from the current emphasis on transparency and online financial information
- Identify the status of systems modernization in DoD, its impact on accounting, and the challenges that lie ahead in implementing new Office of Management and Budget (OMB) guidance on financial system development
- Summarize the latest programs related to financial management and financial management technology
- Explain the federal government mandates and guidance that provide the reasons behind the need for enterprise risk management (ERM), internal controls, and a fraud risk framework
- Explain how new legislation on recovery auditing and the Government Accountability Office's (GAO) High Risk—Improper Payments will drive the finance and accounting workload and the implications for DoD's focus on obtaining a clean audit opinion
Additional Features
100% Satisfaction Guarantee
100% Satisfaction Guarantee.
Extended Learning Bursts
Reinforce course content with short, focused refreshers you can access anytime.
Virtual Tutorials
Watch step-by-step tutorials to deepen your understanding of course topics and tools.
Producer Support
Need help during a virtual session? Our producers are here to ensure your learning experience runs smoothly.
Dedicated In-House Accessibility / Section 508 Compliance
Learn how we ensure accessible learning experiences for all participants in compliance with Section 508.