This specially developed course is a comprehensive treatment of the most important fiscal law principles private industry and Government personnel must know. The course covers the entire budgetary process, from budget submission to contract for payment - how it moves forward and evolves at each key step. 

• Comprehensive training on the key principles of Federal appropriations and fiscal law.
• Detailed coverage of the budgetary process enabling you to track high-dollar programs from proposal to authorization to appropriation.
• Contractor financing methods and payment procedures.
• How violations of the Anti-deficiency Act are identified, reported, and investigated.
• Operations during funding gaps and continuing resolutions.
• The impact of Federal appropriations law on the rights of contractors.
• Changes in the process due to the Acquisition Streamlining Statutes.

The course begins with a review of the process by which agencies receive budget authority, the requirement to account for and administratively subdivide appropriated amounts, and the manner in which agencies commit funds and record obligations. In addition, the course details the limitations that Congress places on appropriated funds as to time, purpose and amount, and explains how violations of the Antideficiency Act are identified, reported and investigated. The course also covers operations during funding gaps and continuing resolutions, the impact of Federal appropriations law on the rights of contractors, and highlights changes in the process that have resulted from FASA, FARA, and other recent legislation.