Defense Working Capital Funds (FINC9000)

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Defense Working Capital Funds

Description:

Learn the goals, roles, and activities of the Defense Working Capital Funds (DWCF) and how they function in the Federal Government. Utilize a revolving fund concept in designing a business-like enterprise to operate within the Department of Defense (DoD) environment.

Duration:

3 days

Level:

Intermediate

Who Should Attend?

DoD financial managers, program managers and other DoD civilian or military personnel who need a comprehensive understanding of working capital funds, including policies, procedures, concepts and terms.

Credits:

24 CPEs

Learning Outcomes:

  • Describe the legislative history and authority for DWCF.
  • Distinguish between a DWCF and an appropriated fund program.
  • Apply effective DWCF business principles and concepts Employ effective working relationships with customers and suppliers.
  • Apply the basics of DWCF accounting, budgeting, cost recovery, financial reporting and analysis.

Available Sessions:

Session Code Start Date End Date Location Tuition
Session Code FINC9000-001 Start Date May 06, 2025 9:00 AM EST End Date May 08, 2025 5:00 PM EST Location Virtual Tuition $1,199.00

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  • Introduction
    • Purpose, Objective, and Scope of the Working Capital Funds (WCF)
    • Origin and Structure of the Working Capital Funds
    • The Working Capital Funds Management Structure
  • Working Capital Funds Planning, Programming and Budgeting
  • Working Capital Funds Planning, Programming and Budgeting (cont.)
  • Cost Elements and Business Management Concepts
  • Cost Elements and Business Management Concepts (cont.)
  • Unit Costs

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