Non-Defense Working Capital Funds (FINC9250)

Description:

Learn the goals, roles, and activities of Working Capital Funds (WCF) and how they function in the Federal Government including policies, procedures, concepts, and terms. Utilize a revolving fund concept in designing a business-like enterprise to operate within civilian Federal agencies.

Duration:

3 days

Level:

Intermediate

Who Should Attend?

Financial Managers, Program Managers and other personnel who need a comprehensive understanding of Working Capital Funds managed within civilian Federal agencies, including policies, procedures, concepts, and terms. Participants should be familiar with budget principles as taught in Introduction to Federal Budgeting (BUDG7001A) and Federal Budgeting for Non-Budgeting Personnel (BUDG7000A).

Credits:

24 CPEs

Learning Outcomes:

• Analyze revolving fund financial statements and how they relate to your agency’s fiscal condition.
• Distinguish between direct and indirect costs and various other cost categories.
• Prepare a well-documented cost center budget for your organization.
• Understand the various types of customer orders.
• Implement the objectives of the Rate Stabilization Program and develop rates.
• Manage direct and indirect costs effectively for your organization.
• Learn the goals and financial objectives of Working Capital Funds within your agency.
• Understand the cycle of operations within revolving funds.
• Utilize the methods of cost accounting in a Working Capital Fund.
• Know the budget process for revolving funds in your agency.

Available Sessions:

Session Code	Start Date	End Date	Location	Tuition
Session Code FINC9250-001 FINC9250-001	Start Date Sep 15, 2025 9:00 AM EST	End Date Sep 17, 2025 5:00 PM EST	Location Virtual	Tuition $1,199.00	Register For Session

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Other Recommended Courses:

• Appropriations Law for Reimbursements, Revolving Funds, and User Fees (FINC9115)
• Advanced Appropriations Law (FINC9100)