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“The global hub for educating, informing, and connecting Information Age leaders.” Chief Financial Officer (CFO) Academy Overview.

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Presentation on theme: "“The global hub for educating, informing, and connecting Information Age leaders.” Chief Financial Officer (CFO) Academy Overview."— Presentation transcript:

1 “The global hub for educating, informing, and connecting Information Age leaders.” Chief Financial Officer (CFO) Academy Overview

2 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Positioned in an educational environment conducive to educating, informing and connecting Dedicated to the Federal Financial Management community Tailored courses/programs to address latest challenges Offering flexible graduate ‐ level learning options Provided by highly experienced faculty

3 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Educational Environment The CFO Academy is a component of the National Defense University and the iCollege  NDU Mission: Prepare military and civilian leaders from the United States and other countries to evaluate national and international security challenges through multi ‐ disciplinary educational and research programs, professional exchanges, and outreach.  iCollege Mission: Prepare military and civilian leaders to direct the information component of national power by leveraging information and information technology for strategic advantage. The CFO Academy was launched September 2008  Academy Mission: To prepare middle- to senior-level members of the government financial management community* for senior 21 st Century management and leadership responsibilities. i-College National Defense University CFO Academy

4 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Educational Environment Dept of Defense - Military & civilian workforce - NII and Comptroller - DISA, DIA National Defense University Higher Education - Accreditation - University Partners - Research NDU iCollege The NDU i College is the perfect location for financial leaders to learn from each other and experts. - OMB - CFO Council - Administration Leaders Federal Government - Students - Federal CIO Council - Federal CFO Council - MOAs Private Sector - Students - Speakers - Partners/Sponsors - Best Practices - Research Civilian Agency Expertise - Financial experts - Leadership

5 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Unique Access Direct access to Senior-Level guest speakers On-site visits and field studies Active and challenging learning environment The CFO Academy has Formal Partnerships with:  DHS  Defense Senior Leader Development Program Danny Werfel, OMB Controller ADM Thad Allen Commandant, USCG Lt. Gen. Edgar Stanton Deputy ASA (FM&C) Mr. Zack Gaddy Former Director, DFAS And many more…

6 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Experienced Faculty CFO Academy Faculty  4 full-time faculty  Adrienne Ferguson, Associate Professor  Gary Maupin, CFO Council Chair  Ricardo Aguilera, DOD Comptroller Chair  Dr. Todd Holmes, Associate Professor  Extensive senior-level Federal FM experience with DOD, Civilian Agencies, and private sector in budgeting, accounting, auditing, Congressional relations, information systems, and overall Comptrollership. Overall iCollege Faculty  50 full-time faculty, 75% civilian, 60% with doctorates  A broad range of experiences and perspectives from academic, defense, federal, private sector, and international organizations  Maintain interdisciplinary currency, relevance, and depth

7 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Experienced Fellow Students Strategic leader program for GS 14s, 15s, high-performing GS 13s and equivalents  Over 150 students accepted Unique interaction of DOD, Civilian Agencies, plus partner nations  50% from DOD/Uniformed  49% from Civilian Agencies – 24 Departments/Agencies  1% from partner nations

8 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Dedicated To Federal FM Community Primary Sponsors:  U.S. Chief Financial Officer Council  DOD Comptroller Academy Roots:  In 2007, the CFO Council determined that financial managers needed to strengthen their knowledge and understanding in areas such as:  Strategic Leadership and Change Management  Federal Financial Policy and Organization  Performance Management and Accountability  Portfolio Management

9 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Programs to Address Latest Challenges Other iCollege programs  Seminars  COP / Virtual Worlds  Thought Leader Meetings

10 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Using the Latest Leading Technology & Stimulation Tools Simulation and Gaming Laboratory Crisis Management Center Virtual World Laboratory Technology Demonstration Laboratory CyberSecurity Laboratories

11 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Programs Designed to Address Latest Challenges 8 courses completed over 4-years  4 Strategic Finance courses  4 Leadership courses Focus on unique challenges and opportunities facing government CFOs and their staff in present and into the future Leverages NDU i-College’s information leader courses Courses offer 3 graduate-level credits CFO leadership education will develop the next generation of leaders in government financial management.

12 “The global hub for educating, informing, and connecting Information Age leaders.” Preparing 21st Century Government Leaders Programs Flexible Graduate-Level Learning Options e-Resident 1 week of online preparation 1 week in residence at Fort McNair 3 weeks to complete academic assignments for credit Distributed Learning 1 week of online preparation 12 weeks of online coursework 3 weeks to complete academic assignments for credit Global, 24/7 access Advanced Management Program (Full Time) 14 weeks at Fort McNair Offered fall and spring Government & private sector field studies

13 “The global hub for educating, informing, and connecting Information Age leaders.” The Changing World of the CFO - CFF Provides an overview of the essential elements of the current and future roles of government Chief Financial Officers and their staff. It surveys the various roles of the government financial manager as strategic leaders and partners with the compliance officer, risk manager, strategic planner, financial reporter, and provider of management/financial data. The course addresses the policies, challenges and opportunities associated with decision support, business process improvement, systems integration, systems security, ethics, workforce development, performance management, portfolio management, and leadership of change. Issues related to standards, privacy, and transparency are considered. Past Guest Speakers from OMB, DOD, Civilian Agencies, and Industry

14 “The global hub for educating, informing, and connecting Information Age leaders.” Budgeting and Congressional Relations for Strategic Leaders - BCP Presents a strategic understanding of Federal budgeting and appropriations, with particular attention to the role of Congress. With this critical understanding, students develop leadership strategies to shape the fiscal environment to achieve agency strategic outcomes. Focuses on the impact of current fiscal issues including the competition between discretionary and nondiscretionary spending and its likely impact upon agency activities, the dynamic interaction between agency, executive, and Congressional committees and staffs in developing a budget and gaining an appropriation. Highlight: Capitol Hill field trip Past Guest Speakers from OMB, CBO, DOD, and Congressional Staff

15 “The global hub for educating, informing, and connecting Information Age leaders.” The Future of Financial Reporting and Standards - FFR Focuses on the changing directions of financial and management reporting for Chief Financial Officers in a dynamic environment. In response to changing citizen and shareholder expectations, financial statement reporting, budgetary reporting, cost reporting, and cash reporting must be accurate, transparent, and accountable, and result in “clean” audit opinions. These new reporting expectations and changing accounting standards, require new relationships among federal, state, and local governments, and government contractors, as well as enhanced reporting to internal constituents of the CFO, including program managers and the organizational head. Past Guest Speakers from FASAB, Treasury and OMB.

16 “The global hub for educating, informing, and connecting Information Age leaders.” Leadership for Risk Management, Internal Controls, and Auditing - RIA Examines how effective leadership by CFOs in assessing risk, managing internal controls, and audit management can lead to enhanced efficiency, effectiveness, and transparency of an organization. The course also examines the influence of internal control, federal risk management, and auditing requirements on federal, state, and local governments. Past Guest Speakers from GAO, Civilian Agencies, and Industry

17 “The global hub for educating, informing, and connecting Information Age leaders.” CFO Academy Contacts Dr. Elizabeth McDaniel, Dean of Faculty and Academic Programs  Phone: 202 ‐ 685 ‐ 3884 and Adrienne Ferguson, Associate Professor  Phone: 202 ‐ 685 ‐ 2093 and Ricardo Aguilera, DOD Comptroller Chair  Phone: 202 ‐ 685 ‐ 4886 and Gary Maupin, CFO Council Chair  Phone: 202 ‐ 685 ‐ 3887 and Dr. Todd Holmes, Associate Professor  Phone: 202 ‐ 685 ‐ 4887 and


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