Home / Course catalog / Budget & Fiscal Management ... (2023-03-14-BFM-VNP)

Budget & Fiscal Management (CCM) - March 2023 (2023-03-14-BFM-VNP)


Description
Date/Time:03/14/2023 12:00 PM - 03/22/2023 4:00 PM, 4 days Designed for court professionals with varying levels of involvement with the court's budget, this course defines the building blocks of finance and explains how to plan, prepare, review, present, execute, and monitor a budget. Participants will review practical steps courts can take during difficult fiscal times, including maintaining open communication both within the court and with justice partners. In addition, the course explores the relationship between a court's strategic plan and budgeting. As a result of participating in this course, participants will be able to:

  • Discuss the building blocks of budgeting and fiscal management, including Generally Accepted Accounting Principles (GAAP), assets, liabilities, revenues, and expenses.

  • Explain the basics of financial reporting.

  • Discuss the perspective of the funding authority and how to compete for budget resources.

  • Discuss the financial implications of facilities management.

  • Identify the steps involved in planning, preparing, reviewing, presenting, and monitoring a budget.


Content
Completion rules
  • All units must be completed