Principles of Division of the Navy Budgeting
Essentials of DON Budgeting
Rules of DON Budgeting DEVICE 1: Essentials of Division of the Navy Budgeting
TABLE OF CONTENTS
OBJECTIVES ADVANTAGES BUDGETING IDENTIFIED APPROVAL AND AUTHORIZATIONS REQUIREMENTS PROCESS DURATION BOUND TIMELINES DEFINED MONEY YEAR (FY) BUDGET YEAR (BY), CURRENT YEAR (CY) AND PRECEDING YEAR (PY) DEPARTMENT OF DEFENSE SECRETARY OF SECURITY UNDER SECRETARY OF DEFENSE (COMPTROLLER) JOINT CHIEFS OF STAFF ARMY DEPARTMENTS DEPARTMENT OF THE NAVY SECRETARY OF THE NAVY MA?TRE OF THE MARINE CORPS MAIN OF NAVAL OPERATIONS BUSINESS OFFICE OF THE MAIN OF NAUTICO OPERATIONS CAPABILITIES WITHIN OPNAV PROGRAMMING DIVISION (N80) ASSESSMENTS DIVISION (N81) FISCAL MANAGEMENT DIVISION (N82) OFFICE FROM THE SECRETARY OF THE NAVY ASSISTANT SECRETARY WITH THE NAVY (FINANCIAL MANAGEMENT AND COMPTROLLER) WORKPLACE OF THE ASSOCIATE SECRETARY IN THE NAVY (FINANCIAL MANAGEMENT & COMPTROLLER) вЂ“ OASN (FM& C) OASN (FM& C) AUTHORITY BUSINESS OFFICE OF SPENDING BUDGET
Guidelines of DON Budgeting PRODUCT 1: Essentials of Section of the Navy Budgeting
COMPTROLLERS ROLE WITH THE COMPTROLLER COMPTROLLER'S RELATIONSHIP TO THE ACTIVITY HEAD COMPTROLLER'S ROMANCE WITH OTHER SECTION HEADS DEPARTMENT RESPONSIBILITIES TO COMPTROLLERS COMPTROLLER'S RELATIONSHIP TO COMMANDS FINANCIAL MANAGEMENT WORKERS SUMMARY
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Principles of DON Spending budget UNIT one particular: Basics of Department with the Navy Cash strategy
Meet to Device 1 of Principles of Department of the Navy Spending budget. Unit one particular will familiarizes you with several principles of the Department of the Navy blue (DON) cash strategy process plus the structure and responsibilities of a few of the organizations associated with that process. It will help you build the foundation for the subsequent units of instruction. Following the completion of this device you will: 1 . Describe the way the budget leads to the success of the DON mission. installment payments on your Establish when a budget is definitely legally binding for all Federal government agencies for any given money year. a few. Differentiate between fiscal 12 months, budget 12 months, current yr and before year. 5. Identify key organizations and individuals inside the Department of Defense (DoD) and the PUT ON and their responsibilities throughout the cash strategy process.
Principles of DON Budgeting UNIT one particular: Basics of Department from the Navy Cost management
Economic management staff can have a significant impact on the budgets with which they function. An understanding with the rules and regulations regulating their economic management duties, as well as a knowledge of the requirements and the series of incidents during the program/budget cycle, is critical to their capability to produce necessary budget records and react to questions and/or requests for facts they get throughout the circuit. Having a general perspective of budgeting is going to enable you to add more effectively inside your current work. It will also assist you to understand the genesis of some of the pressures, deadlines and decisions faced simply by financial administration personnel in any way echelons. It is necessary that you know, understand, and are able to articulate what changes to programs have taken place from one finances submission to a new and the actual reasons for all those changes. A knowledge of the spending budget formulation and review procedure will let you see precisely how critical it is to adequately guard programs, and properly perform approved money for those programs. Knowing when to act and what to do are key elements of your job. We shall start Unit you with a report on the definition of budgeting.
Principles of DON Budgeting UNIT you: Basics of Department from the Navy Spending budget
Budget: A document that expresses, in financial terms, the master plan for completing an company objectives to get a specified time frame. It is an device of organizing, performance way of measuring, decision-making, and management control, as well as a assertion of...