Tampa Bay PDI Al Runnels, CDFM Executive Director, ASMC 3 April 2014 ASMC & YOU.

Tampa Bay PDIAl Runnels, CDFM

Executive Director, ASMC3 April 2014

ASMC & YOU

AGENDA

Federal Financial Environment

The FM Profession

ASMC – Your Professional Society

Membership

Certification Programs (ASMC and DoD)

DoD Audit Readiness

National and Virtual PDI

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3

US Government Spendingas a Percentage of GDP

(Source: FY 2012 Consolidated Federal Financial Report)

DEFENSE FINANCIALMANAGEMENT PROFESSION

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

MEMBERSHIP

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

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CDFM CERTIFICATE

6,874 CDFMs (13% of 54,000) 1,587 CDFM-A

CDFMs:

Army 28%

Air Force 25%

Navy 14%

USMC 4%

DFAS 5%

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BENEFITS 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

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EDFM/CDFM CORE COMPETENCIES

1. Government Resource Management Environment

2. Fiscal Law

3. Finance

4. Accounting

5. Defense Budget Process

6. Manpower Management

7. Personnel Management

8. Cost and Economic Analysis

9. Internal Controls

10. Business Management Process Improvement

11. Auditing

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DOD FM ENTERPRISE-WIDE COMPETENCIES

(1 – 17 APPLY TO DOD FMCP )

1. Fundamentals & Operations of Finance

2. Fundamentals & Operations of Military & Civilian Pay

3. Payroll Concepts, Policies & Principles

4. Commercial Pay Concepts, Policies & Principles

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. Budget Execution

12. Budget Formulation, Justification & Presentation

13. Financial Management Analysis

14. Audit Concepts, Policies & Principles

15. Financial Management Systems

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

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CDFM INITIAL REQUIREMENTS

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 CERTIFICATION PROCESS

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

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CDFM COST / MAINTENANCE

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

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PREPARATION FOR CDFM

Start with www.asmconline.org

Preparation options

Course - Enhanced Defense Financial Management Training Course (EDFMTC)

Refresher courses

Pre-PDI workshops

Self-Study 15

CERTIFICATION FOCUS

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

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Enhanced Defense Financial Management Training Course FM MyLearn Course Description: FMF2512 – Jul 12

Course Length: 40 hours

Aligned FM Competencies Certification Level

Proficiency Level

Aligned Hours

Accounting Concepts, Policies and Principles 2 3 6Audit Concepts, Policies and Principles 2 3 3Budget Concepts, Policies and Principles 2 3 8Budget Execution 2 3 5Budget Formulation, Justification and Presentation

2 3 4

Decision Support 1 1 5Financial Concepts, Policies and Principles 2 3 4Financial Management Analysis 2 3 2Fundamentals and Operations of Budget 1 1 3

Level 1 Total Level 3 Total

8 Hours 32 Hours

DOD FM CERTIFICATION PROGRAM

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

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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

Purpose of DoD FMCP

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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

DoD FMCP Applicability

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Flexibility Integrity/Honesty Interpersonal SkillsResilience Customer Service Oral CommunicationContinual Learning Problem Solving Written CommunicationService Motivation Technical Credibility Mission OrientationComputer Literacy

Team Building Accountability Decisiveness Influencing/NegotiatingDoD Mission and Culture

Human Capital Management Leveraging Diversity Conflict Management Developing Others DoD Corporate PerspectiveNational Security Foundation

Technology Management Financial Management Creativity and Innovation Partnering Entrepreneurship National Defense IntegrationNational Security Environment

Vision External Awareness Strategic Thinking Political Savvy Global PerspectiveNational Security Strategy

Lead the Institution

Lead Self

Lead Teams/Projects

Lead People

Lead Organizations/Programs

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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)

22https://fmonline.ousdc.osd.mil/

FM Certification Requirements

Foundation Built on DoD FM Competencies

FM Certification Equation: Level 1

FM

Competencies

Course Hours

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 6 Aligned Courses will be on FM myLearn

DoD FM 101 Course** 24

At Least 2 Yrs DoD FM Experience

FM Certification Level 1

+

+

+

* Proficiency Level 1** Six of the twelve modules may be waived with the exception of Audit Readiness

40 CETs every two years

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Total Course Hours 46

DoD FM 101 Modules

Course: DoD FM 101 for Level 1 Modules* Course Hours

Introduction to DoD 1 Accounting 2Finance 2Budget 3Audit Readiness 3Fiscal Law 2 Ethics 1PPBE 2Auditing 2Analysis/Decision Support 2Acquisition/Contracting 2Cost Analysis 2

*Six of the twelve modules may be waived with the exception of Audit Readiness

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FM Certification Equation: Level 2

FM Competencies

Course

Hours

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

Aligned Courses on FM myLearn

Leadership Competencies

Lead Teams/Projects Level 10

Aligned Courses will be on FM myLearn

Audit Readiness + Fiscal Law Course + Ethics Courses 9

At Least 4 Yrs FM Experience Required (2 years Must be DoD FM Experience)

FM Certification Level 2

+

+

+

* Proficiency Level 3 ** Proficiency Level 1

+ [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

60 CETs every two years

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Total Course Hours 71

FM Certification Equation: Level 3

FM Competencies

Course

Hours

Financial Management Systems * 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

Leadership Competencies

Lead People Level 12

Audit Readiness + Fiscal Law Course + Ethics Courses *** 9 At Least 8 Yrs FM Experience Required(2 years Must be DoD FM Experience)

FM Certification Level 3

+++

+ [Strongly Recommended] Work towards Master’s Degree+ [Strongly Recommended] Completion of one of the DoD-approved Test-Based Certifications

80 CETs every two years

At Least One 3-month Developmental Assignment

+ * Proficiency Level 5 ** Proficiency Level 3*** Higher Proficiency Level Course

https://fmonline.ousdc.osd.mil/

Aligned Courses on FM myLearn

Aligned Courses will be on FM myLearn

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Total Course Hours 81

DoD FM LMS Requirements

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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

DOD AUDIT READINESS

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

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ASMC PDI 2014 (SEATTLE CONVENTION CENTER)

PDI = FM Leadership / Defense FM Training and Professional Development

CDFM Prep Training and CDFM Testing

Six General Sessions, 46 Workshops, 17 Mini-courses (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

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VIRTUAL PDI 2012

73 workshops and interviews on line

Approximately 50 CPEs available

Cost: $99 ($2/CPE)

CPE management tool

1,300 participants

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Questions?