NAF Financial Management for Recreation/Business

Course Type: Virtual
Course Code: vFM-CRD-BOD

Course Description: NAF Financial Management Virtual Course Learners will recognize and apply financial management processes required to successfully operate a non-appropriated fund (NAF) program. This course is a practical hands on approach to increase student proficiency in interpreting regulations and operating guidance, analyzing income statements, calculating and identifying labor and other operating expenses, and formulating an annual operating budget (AOB), including CPMC.

Course Details:

• Target Audience: Family and MWR Program Managers
• Prerequisites: Family & MWR Orientation Course (Online), Team Member Orientation (TMO) for new team members ONLY, Family and MWR Basic Management Course (Online), Operation Excellence – Online or Classroom Customer Service Training, Applied Financial Planning Suite  (Income Statement Analysis; Breakeven Analysis; Forecasting); Family and MWR Budgeting and APF Support (Online); and Family and MWR Budgeting in the NAF System (Online).
• Duration: 8  online sessions over a four week period will be conducted through the School for Family and MWR’s enterprise Adobe Connect platform. Each session is two (2) hours in length. You’ll participate via the platform plus a teleconference for audio.
• Estimated number of Pre-work and Homework hours: approximately 50 hours (includes pre-work, bi-weekly live online sessions, research and post-session assignments)
• IACET CEUs: 3.8
• ACE Recommended Credits: In the upper division baccalaureate degree category, 3 semester hours in Financial Management (December 2017).