Introduction to CDFM Program

1
Introduction to CDFM Program

• Presenter Richard J. Arns, CDFM-A, CGFM

2
CDFM Overview

• Why Test?
• Professional Development
• Personal Satisfaction
• Advancement
• Recommended vs. Mandatory

3
Test Structure

• 3 Modules
• Resource Management Environment
• Budget and Cost Analysis
• Finance and Accounting

4
Module Competencies

• Module 1
• Government Resource Management Environment (35)
• Manpower Management (15)
• Personnel Management (20)
• Management and Internal Controls (15)
• Fiscal Law (15)

5
Module Competencies

• Module 2
• Planning, Programming, Budgeting, and Execution
  (60)
• Cost and Economic Analysis (20)
• Business Mgt. Process Improvement (10)
• Fiscal Law (10)

6
Module Competencies

• Module 3
• Fiscal Law (15)
• Finance (35)
• Accounting (35)
• Auditing (15)

7
Enhanced Defense Financial Management Training
Class (EDFMTC)

• One-week Intensive Overview
• Defense NOT Service Oriented
• Broadens Knowledge of Financial Management in DOD
• Excellent Prep for Exam

8
Knowledge ElementsModule 1 Competency 1

• Government Resource Mgt. Environment
• Functions of the three branches of the federal
  government
• Checks and balances between government branches
• Preparation and structure of the federal budget
• Sources and applications of federal funds
• Relationship of the defense budget to the GDP
• Relationship of the defense budget to the federal
  budget

9
Knowledge Elements Module 1 Competency 2

• Manpower Management
• Determination of peacetime requirements
• Determination of mobilization requirements
• Manpower management terminology
• Relevant legal authorities
• Relevant Circulars and Regulations

10
Knowledge ElementsModule 1 Competency 3

• Personnel Management
• Evaluation tool and criteria
• Conflict resolution
• Relevant legal authorities
• Relevant Circulars and Regulations

11
Knowledge ElementsModule 1 Competency 4

• Managements Responsibility for Internal Controls
• Federal Managers Financial Integrity Act
• Internal Control Standards
• Relevant laws
• Relevant Circulars and Regulations

12
Knowledge ElementsModule 2 Competency 1

• Planning, Programming, Budgeting Execution
• The PPBE Process
• Products and documents produced by PPBE
• Role of key offices in PPBE
• Prioritization process in PPBE
• Budget execution by type of appropriation
• Budget execution by type of contractual payment
• Interagency, interservice, and reimbursable
  agreements
• Reprogramming

13
Knowledge ElementsModule 2 Competency 2

• Cost and Economic Analysis
• Cost Analysis policies and procedures
• Economic analysis policies and procedures
• Limited application of cost and economic
  analytical techniques
• Differentiation between types of benefits
• Limited application of current installation
  costing techniques

14
Knowledge ElementsModule 2 Competency 3

• Business Management / Process Improvement
• Legal basis for BPI
• Management of the improvement process
• Outsourcing
• Privatization
• Relevant Circulars and Regulations

15
Knowledge ElementsModule 3 Competency 1

• Fiscal Law (Applicable to all modules)
• Constitutional authorities
• Congressional budget resolutions
• Congressional authorization and appropriation
• Federal agency authorities
• Availability of appropriations
• Availability of revolving funds
• Reprogramming
• Continuing Resolutions
• ADA

16
Knowledge ElementsModule 3 Competency 2

• Finance
• Safeguarding of assets
• Pay and entitlements
• Travel entitlements
• Contract payments
• Debt management
• Certifying policies and functions
• Disbursing policies and functions
• Currency control

17
Knowledge ElementsModule 3 Competency 3

• Accounting
• Basis of accounting for federal funds
• Federal accounting standards
• Defense accounting standards
• Differentiation between proprietary, financial
  and cost accounting
• US Standard General Ledger
• Types and components of financial statements
• Roles of key accounting agencies

18
Knowledge ElementsModule 1 Competency 4

• Auditing
• Purpose and authority for audit
• Comptroller General Auditing Standards
• DoD audit standards and policies
• Role and authorities of audit policy boards
• Phases of audid

19
Module 4Acquisition Management

• Provides overview of defense acquisition
• Bridges gap between financial managers and
  acquisition managers
• Provides evidence of knowledge of defense
  acquisition rules and regulations