Pages Menu
Categories Menu

Posted by on May 12, 2021

It’s Almost Crunch Time! Are You Prepared for FYE?

It’s Almost Crunch Time! Are You Prepared for FYE?

Doesn’t it seem as if the year 2021 is moving at a fast pace? As we define our ‘new normal,’ one thing that hasn’t changed is our government’s fiscal year-end (FYE) on September 30. As federal agencies strive to achieve their performance metrics, the end-of-year spending crunch is quickly approaching. There’s no better time for a webinar on appropriation law and year-end spending.

During our upcoming live webinar, Steve Butler, Senior Instructor, and Retired Financial Management Federal Senior Executive will provide insider information that will keep you on track for your end-of-year spending. Insights on topics like staying within the Department of Defense’s appropriation rule require that no more than 20% of one year’s appropriations be obligated in the final two months of the fiscal year (P.L. 114-113, sec.8004). Learn how to ensure that you meet that 20% rule if your program has this constraint.

Have you been thinking about how to prepare for the late-night status of funds meetings? Learn valuable tips for ensuring that the appropriation law tenets of purpose, time, and amount are included in your planning and support every decision you make. This will help you avoid the dreaded Antideficiency Act (ADA) and help you have a restful night’s sleep. Too many examples of wasted dollars and wasted contracts have made more than one Government Accountability Office (GAO) and Office of the Inspector General (OIG) reports when reviewing the end-of-year spending. Don’t let this happen to you. Reserve your spot today for the live webinar, Crunch Time! Appropriations Law and Year-End Spending, which will be delivered on May 19 at 1:00 pm EDT.

Tom Devine, MBA, CDFM, is a Course Management Director of Financial Management at Management Concepts with expertise in appropriation law, internal control, auditing, accounting, and DoD planning, programming, budgeting, and execution. For several years, Tom provided training and management consulting to government and commercial clients after investing more than 30 years as a public service and commercial business leader.

Tom holds a Master of Business Administration (MBA) and a Bachelor of Science degree in business administration with a concentration on finance from Nichols College. He holds a Certified Defense Financial Manager (CDFM) and is a proud member of the American Society of Military Comptrollers (ASMC).

Post a Reply

Your email address will not be published. Required fields are marked *