Financial Management 101
Purpose:
The purpose of the Army Financial Management
101 course (FM 101) is a new course specifically
designed for personnel in the technical financial
management series to increase their skills and knowledge
in financial and resource management and their basic
analytical capabilities.
The course is specifically developed for GS 03 – GS 08s :
- Series 301: Miscellaneous Admin and
Program
- Series 503: Financial Clerical and
Assistance
- Series 525: Accounting Technicians
- Series 530: Cash Processing
- Series 540: Voucher Examining
- Series 544: Civilian Pay
- Series 545: Military Pay
- Series 561: Budget Clerical and
Assistance
Overview:
The course is divided into eight general learning
objectives with learning accomplished by lectures,
discussion groups, group projects, guest speakers, simulations,
and a Capstone Exercise. The eight learning objectives are:
- Financial / Resource Management
Environment
- Organization and Structure of the Army
and the FM Community
- Principals of Appropriations and Fiscal
Law and their Application to Accounting and
Budgeting
- Principals of Cost and Cost Analysis
- Principals of Budgeting and Budget
Analysis
- Principals of Manpower and Personnel and
Manpower Analysis
- Principals of Contracting and its Impact
on Financial Management
- Ethics and Internal Controls
- Fort Duquesne Capstone Exercise
Administration:
The FM 101 is conducted by SU. It is 10 days
in length; classes are conducted from 0800 to 1600
daily. Students are housed at
The Residence Inn by Marriott Syracuse (daily breakfast provided).
Classes are conducted at SU's Whitman School of
Management.
Eligibility/Application Requirement:
Comptroller Proponency Office OASA (FM&C):
ASA(FM&C) Web site
E-mail: proponency@hqda.army.mil
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