ICM → CCM (Self Study)

Budget & Fiscal Management (BFM) (BFM230SS)


Description
Note: Faculty Candidates must take a face-to-face or virtual (Zoom) course as part of the faculty certification process.

Designed for court professionals with varying levels of involvement with the court's budget, this course defines the building blocks of finance and explains how to plan, prepare, review, present, execute, and monitor a budget. Participants will review practical steps courts can take during difficult fiscal times, including maintaining open communication both within the court and with justice partners. In addition, the course explores the relationship between a court's strategic plan and budgeting.

VIEW REGISTRATION INFORMATION IN FIRST TWO UNITS BELOW

As a result of participating in this course, participants will be able to:

  • Discuss the building blocks of budgeting and fiscal management, including Generally Accepted Accounting Principles (GAAP), assets, liabilities, revenues, and expenses.
  • Explain the basics of financial reporting.
  • Discuss the perspective of the funding authority and how to compete for budget resources.
  • Discuss the financial implications of facilities management.
  • Identify the steps involved in planning, preparing, reviewing, presenting, and monitoring a budget.

Please review the technical requirements for this course in the content listing below.
Content
  • Module 0: WELCOME TO BUDGET & FISCAL MANAGEMENT
  • Before You Register for This Course sample
  • Registration Information sample
  • Navigating This Course
  • Welcome Module Interactive Slides
  • Meet Your Faculty
  • Start Your Activity Journal
  • Module 1: Introduction & Overview
  • Module 1: Interactive Slides
  • Module 1 Activity: Course Contemplation
  • MODULE 2: FINANCE FOUNDATIONS
  • Module 2A: Interactive Slides
  • Module 2 Activity: Funds Scenario
  • Module 2B: Interactive Slides
  • Module 2 Quiz
  • MODULE 3: FINANCIAL REPORTING
  • Module 3A: Interactive Slides
  • Module 3 Assignment: ACFR Scavenger Hunt
  • Module 3B: Interactive Slides
  • Module 3 Quiz
  • MODULE 4: FINANCIAL PLANNING
  • Module 4A: Interactive Slides
  • Module 4 Activity: Funding Needs
  • Module 4B: Interactive Slides
  • Module 4 Quiz
  • MODULE 5: FACILITIES MANAGEMENT
  • Module 5A: Interactive Slides
  • Module 5 Activity: Maintenance Planning
  • Module 5B: Interactive Slides
  • Module 5 Quiz
  • MODULE 6: PREPARATION OF A COURT BUDGET
  • Module 6A: Interactive Slides
  • Module 6 Assignment: Budget Cuts
  • Module 6B: Interactive Slides
  • Module 6 Quiz
  • MODULE 7: BUDGET, REVIEW, PRESENTATION, EXECUTION & MONITORING
  • Module 7A: Interactive Slides
  • Module 7 Assignment: Mock Budget Presentation - Part A (Written)
  • Module 7 Assignment Resource: Mock Budget Presentation Video
  • Module 7 Assignment: Mock Budget Presentation - Part B (Video)
  • Module 7B: Interactive Slides
  • Module 7 Quiz
  • Course Completion
  • Upload Your Activity Journal
  • Course Evaluation
Completion rules
  • You must complete the units "Welcome Module Interactive Slides, Module 1: Interactive Slides, Module 2A: Interactive Slides, Module 2B: Interactive Slides, Module 2 Quiz, Module 3A: Interactive Slides, Module 3 Assignment: ACFR Scavenger Hunt, Module 3B: Interactive Slides, Module 3 Quiz, Module 4A: Interactive Slides, Module 4B: Interactive Slides, Module 4 Quiz, Module 5A: Interactive Slides, Module 5B: Interactive Slides, Module 5 Quiz, Module 6A: Interactive Slides, Module 6 Assignment: Budget Cuts, Module 6B: Interactive Slides, Module 6 Quiz, Module 7A: Interactive Slides, Module 7 Assignment: Mock Budget Presentation - Part A (Written), Module 7 Assignment: Mock Budget Presentation - Part B (Video), Module 7 Quiz, Course Evaluation"
  • Leads to a certificate with a duration: Forever