Discussion2 (FAM)
WK2: What is Different About the Federal Budget?
Readthe slides, which contain key information for this class, including upcoming assignments./content/enforced/512569-026953-01-2208-OL1-6380/Federal Financial Management class 2 v3.pptx The audio file also has important information.
Readthe Federal budget process prepared by the Congressional Research Service of the Library of Congress.https://www.fas.org/sgp/crs/misc/98-721.pdf
Postyour point of view, explain what is different about the federal budget cycle and what you know about the private sector budget and finance process?
As background, see this article about the for-profit sector: https://www.fm-magazine.com/issues/2020/jun/how-to-manage-cost-without-a-budget.html