News

Budget: America First – A Budget Blueprint to Make America Great Again

Wednesday, March 22nd, 2017

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Estimate #1—FY 2017 Appropriations Request: Department of Defense to rebuild the U.S. Armed Forces and accelerate the campaign to defeat the Islamic State of Iraq and Syria, and Department of Homeland Security for urgent border protection activities.—3/16/17
Source: https://www.whitehouse.gov/omb/budget

Reference Material:
America First – A Budget Blueprint to Make America Great Again https://www.gpo.gov/fdsys/pkg/BUDGET-2018-BLUEPRINT/pdf/BUDGET-2018-BLUEPRINT.pdf
 

HR 1301 Department of Defense Appropriations Act, 2017

Monday, March 20th, 2017

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STATEMENT OF ADMINISTRATION POLICY
H.R. 1301 — Department of Defense Appropriations Act, 2017
(Rep. Frelinghuysen, R-NJ)

The Administration supports House passage of H.R. 1301, making appropriations for the Department of Defense for the fiscal year (FY) ending September 30, 2017, and for other purposes. The bill funds critical national security needs.

https://www.whitehouse.gov/the-press-office/2017/03/07/hr-1301-department-defense-appropriations-act-2017

Happenings from ASMC HQ: March 2017

Wednesday, March 15th, 2017

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PDI 2017

We will conduct our ASMC National PDI 2017 from 31 May – 2 June in San Diego. We opened overall registration for the PDI on 21 February and we opened registration for specific sessions today. Our Pre-PDI sessions will take place 29 – 30 May. The theme for this years PDI is “Catching the Wave … Audit Ready” and we hope you are able to catch the wave, and join us.

This year, Michael Durant, the pilot of Blackhawk Super 64 that was downed during the Battle of Mogadishu in Somalia, will be one of our General Session speakers. He will speak about mission, leadership, and unity in dealing with challenging situations. Also joining us as a general session speaker is Rear Admiral (Retired) Ken Slaght, President of the San Diego Cyber Center of Excellence. Keep up with programming updates and check back to as we plan on publishing more in the next few weeks. #PDI2017

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CERTIFICATION OPPORTUNITIES AT PDI

Note: Pre-conference courses can be attended without full conference registration
All of the CDFM pre-PDI courses offered on Monday and Tuesday are aligned to the DoD FM Certification Program competencies and associated proficiency levels. By completing these courses you will gain additional knowledge, earn CPE credits, and fulfill hours toward your DoD FM Certification requirements. All courses begin at 0800 hours and end at 1700 hours.

Pre-Conference CDFM Training Mini-Courses
Intense coverage of Modules 1, 2, and 3 of the Enhanced Defense Financial Management Training Course (EDFMTC) will be held on Monday and Tuesday, May 29 & 30. Each 1-day mini-course will be taught by a highly qualified instructor with extensive experience teaching the 5-day EDFMTC. These sessions are intended for those who: (1) are enrolled in the CDFM Program, (2) have completed a significant amount of exam preparation, and (3) wish to “top off” their knowledge prior to taking the exam at the PDI. On Monday you’ll choose between Module 1 and Module 2 and on Tuesday between Module 2 and Module 3. One or two modules may be chosen. You will be in control when it comes to deciding which modules to attend. Separate registration for these pre-conference events is required and will cost an additional fee of $250 per module. You must have a copy of version 2013a of the textbook to participate. Textbooks can be purchased beforehand and brought to the PDI (recommended), or can be purchased at the PDI.

Pre-Conference CDFM-A Training Course
The Module 4 Acquisition Business Management 2-day course will be offered on Monday and Tuesday, May 29 & 30. The course covers major weapons systems acquisition from the Program Manager’s perspective and is taught by a highly experienced instructor. This two-day event is intended for individuals interested in learning more about the Acquisition Process, who are enrolled in the CDFM Program (whether they already hold the certification or not) and have elected to pursue the designation CDFM-A (CDFM with Acquisition Specialty). Separate registration for this pre-conference event is required and will cost $475.

CDFM Testing at PDI 2017!
ASMC will hold paper and pencil CDFM exam testing sessions onsite at PDI 2017 Tuesday through Friday, May 30 – June 2, 2017. Any of the 4 CDFM module exams can be taken and exams can be taken in any order.

Note: All individuals wishing to sit for an exam ($99 each) must be actively enrolled in the CDFM Program. Anyone who is eligible may purchase and take an exam, even if they do not participate in any other aspects of the pre-PDI and PDI sessions.

Login into your PDI registration to purchase the CDFM exams, view the full testing schedule, and register to test at the PDI.

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UPDATE YOUR DOD EMAIL ADDRESS TO YOUR PERSONAL EMAIL ADDRESS IN YOUR ASMC MEMBER PROFILE.

Given certain situations regarding cyber security protocols, emails from ASMC HQ or your local chapter may not always make it through servers and reach your work inbox, so we ask you to update your email address in your member profile to reflect your personal rather than your work email address to help ensure you receive ASMC communications. Update your email address by logging onto your ASMC Member Profile. We also ask chapter presidents and membership chairs to emphasize this during chapter meetings or professional development sessions.

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The Winter Edition of our Armed Forces Comptroller, “Making every dollar count… Managing Cost: Initiatives and Results” is Out!

You can find the digital version of the issue here, and the assessment test (related to obtaining continuing education & training credits) will be available shortly.
The Summer issue will focus on PDI 2017. Issue themes and article ideas can be found here. Article topics for the Summer issue are due by 18 April and articles are due 21 June.

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BECKER ONLINE CPE PROGRAM

Defense financial management professionals know how important it is to keep up with a constantly changing business world. ASMC has joined Becker Professional Education to bring you a new way of accessing the educational resources you need to help advance your career. Becker’s Continuing Professional Education (CPE) courses can provide the professional development you need and earn the CET credits required to maintain DoD FM Certification Program (DFMC), CDFM, CPA, CGFM, CMA, CIA and other professional certifications. Becker is offering ASMC members a 20% discount for On Demand Subscription Courses accessed via our ASMC website.

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EARLY CAREERISTS

Are you a young professional under 35 or do you consider yourself early in your career? Consider joining or creating an Early Careerist group in your chapter. The Early Careerists group offers opportunities to network with other early careerists and Senior DoD Leaders; to participate in various chapter events; i.e., community service, mentoring, happy hour, and educational conferences; and to learn about upcoming CPE opportunities. Join the Early Careerists on their Facebook page to learn about joining or creating the Early Careerists group in your local chapter.

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VIRTUAL PDI (V-PDI) 2016

V-PDI 2016 can help you acquire CPEs toward your CDFM and CDFM-A recertification, as well as maintaining your DoD FM Certification. Access to V-PDI is included (at no additional cost) in the PDI 2016 registration fee for all participants. To learn how to access V-PDI 2016

V-PDI 2016 Chapter Access allows chapters to present online recordings of PDI courses to their members for CPE credit.

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2017 REGIONAL and MINI-PDIs

  • Rheinland-Pfalz/Greater Stuttgart ASMC European PDI (EPDI) – 15 – 16 March (Heidelberg, Germany)
  • Utah Chapter Mini-PDI – 15 March
  • Land of Lincoln Chapter – St. Louis Regional PDI – 21 March
  • Southside Virginia Chapter Mini-PDI – 23 March
  • Hampton Roads Chapter ASMC & AGA Joint Professional Development Training (PDT) – 23 – 24 March
  • Buckeye Chapter Mini-PDI – 30 March
  • Gulf Coast Chapter Regional PDI – 20 April
  • Cleveland Chapter Local PDI – 25 April
  • Central New York Leatherstocking Chapter Mini-PDI – 19 July

For more details, click here

From Congressional Budget Office: Options for Reducing the Deficit: 2017 to 2026

Friday, February 17th, 2017

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CBO periodically issues a volume of options—this year’s (2016) installment presents 115—that would decrease federal spending or increase federal revenues over the next decade.

The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public—which has more than doubled relative to the size of the economy since 2007—and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass. To help inform lawmakers, CBO periodically issues a compendium of policy options that would help to reduce the deficit. This edition reports the estimated budgetary effects of various options and highlights some of the advantages and disadvantages of those options.

Read more about the summary  |  View the full report (PDF)  |  Budget Options

Trends in Spending by the Department of Defense for Operation and Maintenance – January 2017

Friday, February 17th, 2017

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The Department of Defense’s (DoD’s) budget consists of appropriations for the following purposes: compensating military personnel; developing and purchasing weapons; building bases, facilities, and housing; and supporting day-to-day operations. The largest single appropriation category in DoD’s base budget is the operation and maintenance (O&M) account, which funds day-to-day operations ranging from health care to equipment maintenance.

You can find the full PDF here
 

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