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Category: Financial Management

Maximizing Agency Funds at Fiscal Year-End 2023

  • Is your agency prepared to maximize its funding at the end of the fiscal year? If you’re a little vague on some of the finer point of appropriations law with respect to year-end actions, watch our complimentary webinar Maximizing Agency Funds at Fiscal Year-End.

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ASMC PDI 2023: How to Celebrate 75 Years in 5 Days

  • Over 4,500 defense financial management professionals converged on St. Louis (and 1,500 logged in online) to attend the American Society of Military Comptrollers (ASMC) Professional Development Institute (PDI), May 29–June 2, 2023. As ASMC celebrated its 75th anniversary, Management Concepts also acknowledged its 50th anniversary and had the honor of supporting PDI 2023 as the jubilee sponsor. Throughout the week PDI offered a variety of learning and networking opportunities, with Certified Defense Financial Manager (CDFM) training courses, mini-courses, sessions, an exhibit hall, receptions, and additional events and activities for ASMC members. Although it would be impossible to recount all of these in full, we’ll recap the highlights and welcome comments from other attendees.


New Competencies Needed for Financial Management

  • In today’s rapidly changing financial landscape, financial management professionals in federal agencies must possess new competencies and skills to navigate complex financial systems, regulations, and laws. In this blog, we will explore the new competencies needed for financial management in federal agencies and the principles of federal appropriations law.

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We the People: Power for Real Change—ASMC NCR PDI

  • For the first time since 2019, the American Society of Military Comptrollers (ASMC) National Capital Region (NCR) Professional Development Institute (PDI) took place in person on March 9, 2023 at the Walter E. Washington Convention Center in Washington, DC. The event was abuzz with excitement after two virtual NCR PDIs in 2021 and 2022, and the crowd of over 1,000 defense financial management (FM) professionals took full advantage of connecting face-to-face after a long absence, between sessions, at a seated lunch, and throughout the busy exhibit hall.

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Partnership: The Key to PPBE Reform

  • The process of defense budgeting is in need of reform. For more than 60 years, both houses of Congress have been working together to pass the National Defense Authorization Act (NDAA) annually, which outlines the budget for the Department of Defense (DoD) for the upcoming fiscal year. 

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