Federal Finance Competencies

Competencies are the characteristics that result in superior performance.  

Work is in process to identify competencies in Federal Finance.

Federal Budget Execution

• Basic knowledge of Federal budget and accounting principles, policies, and procedures sufficient to understand their relationship to allotments, financial plans, allowances, commitments, and obligations.

• Knowledge of public laws and the legal requirements placed on appropriations, as well as OMB circulars / bulletins and policies governing the budget process.

• Knowledge of Object classes, account coding and document flow.

• Knowledge of budget operations and processes and how obligations and expenditures are incurred.