Federal Budget Process

Understands and complies with the Federal Budget process, including budget formulation, presentation and execution.

Key Behaviors
  • Uses forecasting and historical data to prepare detailed financial plans.
  • Understands the hierarchy of financial authority within the Federal Government.
  • Possesses knowledge of current laws, regulations and guidance affecting the Federal budget process.
  • Uses written strategic business plans to support financial assumptions.
  • Presents the financial planning/budgeting process and/or financial model to a variety of audiences (i.e. co-workers, new employees, Congress).
  • Possesses knowledge of the Appropriations Process.
  • Possesses knowledge of Federal proprietary/accrual and budgetary accounting.

Developmental opportunities for this competency are available from the NIH Training Center.