Runnels - the ASMC Tampa Bay Chapter

Report
ASMC & YOU
Tampa Bay PDI
Al Runnels, CDFM
Executive Director, ASMC
3 April 2014
A GENDA

Federal Financial Environment

The FM Profession

ASMC – Your Professional Society

Membership

Certification Programs (ASMC and DoD)

DoD Audit Readiness

National and Virtual PDI
2
US Government Spending
as a Percentage of GDP
(Source: FY 2012 Consolidated Federal Financial Report)
3
D EFENSE F INANCIAL
M ANAGEMENT P ROFESSION

Body of Knowledge

Ethical Standards

Legal Liability

Public Trust
4
ASMC

Non-profit association founded in 1948

Serves DoD and US Coast Guard financial managers

19,000 members, 140 chapters, 63 corporate members

Major offerings
 Chapter training programs
 Certification program (CDFM)
 National / Regional / Local PDIs
 Armed Forces Comptroller Journal
 Selected training courses (Fiscal Law / Acq)
 National Awards Program
 Scholarship Program
 Leadership Development
5
M EMBERSHIP

54,000 Defense Financial Managers

2011: Highest ASMC Membership ≈ 20,000

Currently About 19,000 Members (35% of 54,000)

Down 2.7% from Last Year

February Joins and Renewals Higher than Feb Last Year

Army and Air Force 26% and 27%, respectively; Navy 13%,
USMC 4%, DFAS 7%, USCG 1%

$26 Annual Dues
6
7
CDFM C ERTIFICATE

6,874 CDFMs (13% of 54,000) 1,587 CDFM-A

CDFMs:

Army 28%

Air Force 25%

Navy 14%

USMC 4%

DFAS 5%
8
B ENEFITS
OF
CDFM

Solid foundation to support the DoD and Coast
Guard financial management communities

Increased knowledge of defense financial
management

Greater confidence on the job

Portable and tangible indicator of experience and
knowledge

Management incentives and continuing
education

Enhanced credibility and employee value
9
EDFM/CDFM C ORE
C OMPETENCIES
1.
Government Resource
8.
Management Environment
Cost and Economic
Analysis
2.
Fiscal Law
9.
Internal Controls
3.
Finance
10.
4.
Accounting
Business Management
Process Improvement
11.
Auditing
5.
Defense Budget Process
6.
Manpower Management
7.
Personnel Management
10
D O D FM E NTERPRISE -W IDE C OMPETENCIES
( 1 – 1 7 A P P LY TO D O D F M C P )
1.
Fundamentals & Operations
of Finance
12.
Budget Formulation, Justification &
Presentation
2.
Fundamentals & Operations
of Military & Civilian Pay
13.
Financial Management Analysis
14.
Audit Concepts, Policies & Principles
3.
Payroll Concepts, Policies
& Principles
15.
Financial Management Systems
4.
Commercial Pay Concepts,
Policies & Principles
16.
Advanced Financial Management
17.
Decision Support
18.
Audit Planning & Management
19.
Audit Reporting
20.
Decision Support - Audit Execution
21.
Financial Management & Reporting
Analysis
22.
Financial Reporting
23.
Financial Stewardship
5.
Financial Concepts, Policies
& Principles
6.
Fundamentals & Operations
of Accounting
7.
Accounting Concepts, Policies
& Principles
8.
Accounting Analysis
9.
Fundamentals and Operations
of Budget
10.
Budget Concepts, Policies
& Principles
11
CDFM I NITIAL
R EQUIREMENTS

Ethics - read and agree to abide by ASMC’s Pledge of
Professionalism

Education - High School Diploma or equivalent

Examination - pass three CDFM examination modules

Experience 
No degree - have at least three years in defense-related
FM

Degree (associate or higher) - complete at least two years
of defense-related FM

If no defense-related FM - have at least four years of
federal government -related FM
12
CDFM
C ERTIFICATION P ROCESS

Step 1 – Adhere to ASMC Pledge of Professionalism

Step 2 - Enroll in CDFM Program and receive enrollment welcome
message

Step 3 - Submit Verification of Financial Management Experience Form

Step 4 – Purchase CDFM examinations (3 Modules)

Step 5 – Schedule CDFM examinations

Step 6 - Prepare for CDFM examinations

Step 7 – Pass CDFM examination

Step 8 - Renew certification every two years
13
CDFM C OST / M AINTENANCE

Earning the certification
Enrollment fee - $35 members
$70 non-members
Examination fee - $95 per exam

Maintaining the certification
Renewal fee - $20 members
$40 non-members
80 CPEs every 2 years (incl 2 Ethics); at least 20 in
each year
14
P REPARATION
FOR

Start with www.asmconline.org

Preparation options
CDFM
Course - Enhanced Defense Financial
Management Training Course
(EDFMTC)
Refresher courses
Pre-PDI workshops
Self-Study
15
C ERTIFICATION F OCUS

Focus on enrollees who have not completed CDFM

Survey - Mod 2 Budget and Cost Management
Refresher Course

Textbook Update

Exam Update

EDFMT – Credit toward DoDFMCP

Level 1 - 8 hours; Level 2 – 32 hours
16
Enhanced Defense Financial Management Training Course
FM MyLearn Course Description: FMF2512 – Jul 12
Course Length: 40 hours
Aligned FM Competencies
Certification Proficiency
Level
Level
Aligned
Hours
Accounting Concepts, Policies and Principles
2
3
6
Audit Concepts, Policies and Principles
2
3
3
Budget Concepts, Policies and Principles
2
3
8
Budget Execution
2
3
5
Budget Formulation, Justification and
Presentation
2
3
4
Decision Support
1
1
5
Financial Concepts, Policies and Principles
2
3
4
Financial Management Analysis
2
3
2
Fundamentals and Operations of Budget
1
1
3
Level 1 Total
Level 3 Total
8 Hours
32 Hours
D O D FM C ERTIFICATION P ROGRAM
Approved in FY 2012 NDAA







Implementation by Components by 10/2014
Skill levels: 1, 2, and 3
Two years to complete at each level
Specific course based requirements
Additional certification encouraged
Bachelor and advanced degrees encouraged
Continuing Education and Training Units
required after completion: 40 / 60 / 80 at
Levels 1 / 2 / 3, respectively
18
Purpose of DoD FMCP

Establish a framework to guide DoD FM professional development

Intent is to make a good FM workforce even better!
• Establish a mechanism to encourage key training in
 Audit Readiness
 Decision Support/Analysis
• Encourage career broadening and leadership
• Transition to a more analytic orientation
• Ensure financial management workforce has knowledge, skills, and abilities
necessary to achieve auditable financial statements

Course-based rather than test-based

Based on FM and Leadership Competencies
https://fmonline.ousdc.osd.mil/
19
DoD FMCP Applicability
 Applicable to DoD Civilians and Military in the DoD FM Workforce
 DoD FM Workforce includes personnel who are assigned to FM
designated positions:
—Civilians in the 05XX Occupational Series;
—Civilians who perform financial management tasks, but are not in the
05XX Occupational Series;
—Military members in FM Occupational Specialties;
—Military members who perform financial management tasks, but are not
in FM Occupational Specialties.
 All FM positions will be coded Level 1, Level 2, or Level 3
 No Grandfathering—no incumbent DoD FM members receive
Certification “automatically;” all must achieve Certification
 Two years to achieve certification
https://fmonline.ousdc.osd.mil/
20
Vision
External Awareness
Strategic Thinking
Political Savvy
Lead the
Global Perspective
National Security Strategy Institution
Technology Management
Financial Management
Creativity and Innovation
Partnering
Lead
Entrepreneurship
National Defense Integration
National Security Environment
Human Capital Management
Leveraging Diversity
Conflict Management
Developing Others
DoD Corporate Perspective
National Security Foundation
Team Building
Accountability
Decisiveness
Influencing/Negotiating
DoD Mission and Culture
Flexibility
Resilience
Continual Learning
Service Motivation
Computer Literacy
Integrity/Honesty
Customer Service
Problem Solving
Technical Credibility
Organizations/
Programs
Lead People
Lead Teams/Projects
Interpersonal Skills
Oral Communication
Written Communication
Mission Orientation
Lead Self
21
FM Certification Requirements
 DoD FM Certification Requirements at each of three Levels:
–
–
–
–
–
–
Training in FM Competencies (course-based)
Training in Leadership Competencies (course-based)
Other Required Courses
FM Experience / DoD FM Experience
Developmental Assignment (Level 3)
Continuing Education and Training (CET)
 Encourages:
– Formal Education and FM Test-Based Certification (Levels 2 and 3)
Foundation Built on DoD FM Competencies
https://fmonline.ousdc.osd.mil/
22
FM Certification Equation: Level 1
Course
Hours
FM
Competencies
Financial Management Systems*
6
Decision Support*
4
Fundamentals and Operations of [X]
[Accounting, Budget, Finance, or
Military and Civilian Pay]*
6
Aligned Courses on FM myLearn
+
Leadership
Competencies
Lead Self Level
Aligned Courses will be on FM
myLearn
6
+
DoD FM 101 Course**
Total Course Hours
* Proficiency Level 1
** Six of the twelve modules may be waived with the
exception of Audit Readiness
24
46
+
At Least 2 Yrs DoD FM Experience
FM Certification Level 1
40 CETs every two years
https://fmonline.ousdc.osd.mil/
23
DoD FM 101 Modules
Course: DoD FM 101 for Level 1 Modules*
Introduction to DoD
Accounting
Finance
Budget
Audit Readiness
Fiscal Law
Ethics
PPBE
Auditing
Analysis/Decision Support
Acquisition/Contracting
Cost Analysis
Course Hours
1
2
2
3
3
2
1
2
2
2
2
2
*Six of the twelve modules may be waived with the exception of Audit Readiness
https://fmonline.ousdc.osd.mil/
24
FM Certification Equation: Level 2
Course
Hours
FM
Competencies
Leadership
Competencies
Financial Management Systems*
8
Decision Support*
8
Accounting Analysis OR Financial Mgt
Analysis*
10
Budget Formulation, Justification and
Presentation OR Budget Execution*
10
Concepts, Policies and Principles of [X]*
[Accounting, Audit, Budget, Finance,
Commercial Pay, or Payroll]
10
Fundamentals and Operations of [Y]
[Accounting, Budget, Finance, or Military
and Civilian Pay]**
6
Lead Teams/Projects Level
10
Audit Readiness + Fiscal Law Course + Ethics Courses
Total Course Hours
* Proficiency Level 3
** Proficiency Level 1
60 CETs every two years
Aligned Courses on FM myLearn
+
Aligned Courses will be on FM
myLearn
+
9
71
+
At Least 4 Yrs FM Experience Required
(2 years Must be DoD FM Experience)
FM Certification Level 2
+ [Recommended] At Least One 3-month Developmental Assignment
+ [Recommended] Work towards Bachelor’s Degree
+ [Recommended] Completion of one of the DoD-approved
Test-Based Certifications
https://fmonline.ousdc.osd.mil/
25
FM Certification Equation: Level 3
Course
Hours
Financial Management Systems *
FM
Competencies
Leadership
Competencies
4
Decision Support *
10
Accounting Analysis AND Financial Mgt
Analysis *
12
Budget Formulation, Justification and
Presentation AND Budget Execution *
12
Advanced Financial Management *
12
Concepts Policies and Principles of [Y]
[Accounting, Audit, Budget, Finance,
Commercial Pay, or Payroll] **
10
Lead People Level
12
Audit Readiness + Fiscal Law Course + Ethics Courses ***
Total Course Hours
* Proficiency Level 5
** Proficiency Level 3
*** Higher Proficiency Level Course
9
81
Aligned Courses on FM myLearn
+
+
+
+
Aligned Courses will be on FM
myLearn
At Least 8 Yrs FM Experience Required
(2 years Must be DoD FM Experience)
At Least One 3-month Developmental
Assignment
FM Certification Level 3
80 CETs every two years
+ [Strongly Recommended] Work towards Master’s Degree
+ [Strongly Recommended] Completion of one of the DoD-approved
Test-Based Certifications
https://fmonline.ousdc.osd.mil/
26
DoD FM LMS Requirements
 A Sharable/Content Object Reference Model (SCORM) & Section 508
Compliant System that Facilitates:
• Administration / Oversight / Validation / Auditability
 Documents/Tracks:
•
•
•
•
•
•
Required Course Curricula for Your Positions
Achievement of Certification Requirements
Documentation of Certification Requirements
Achievement of Required # Years Work Experience
Achievement of Developmental Assignment (Level 3)
Continuing Education and Training (CETs)
 Tracks Progress from Reporting to Validation
 Hosts/Launches OUSD(C) Developed Web-Based Courses
 Documents Waivers if Applicable
Applicable to both Civilian and Military
https://fmonline.ousdc.osd.mil
27
D O D A UDIT R EADINESS

Assert audit readiness for Statement of Budgetary
Resources by end of CY2014

Begin audit of SBR in FY2015

Achieve clean audit opinions on all DoD FY 2017
financial statements

ASMC added info on audit readiness to EDFM
course material (New textbook soon to be published
for use in EDFMT)

ASMC will revise “auditing” competency area CDFM
exam module to include questions about audit
readiness
28
ASMC PDI 2014
(S EATTLE C ONVENTION C ENTER )

PDI = FM Leadership / Defense FM Training and
Professional Development

CDFM Prep Training and CDFM Testing

Six General Sessions, 46 Workshops, 17 Minicourses (Levels 2 and 3)

Wednesday - Service Day – Updates on
Component FM Policy and Guidance

Up to 21 CETs/CPEs

ASMC National Awards Program

Virtual PDI 2014
29
V IRTUAL PDI 2012

73 workshops and interviews on line

Approximately 50 CPEs available

Cost: $99 ($2/CPE)

CPE management tool

1,300 participants
30
Questions?
31

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