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Competency Module: Economics, Budget, Financial Management and Accounting

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Date and Time

Tuesday, September 15, 2026, 9:00 AM until 1:00 PM Pacific Time (US & Canada) (UTC-08:00)

Additional Info

Category

NIGP-WANIGP Sponsored Course

Registration Info

Registration is required

About this event

A critical role that procurement practitioners serve is the responsible and conforming use of funds. Practitioners must understand the regulations surrounding specific purchases, and plan future purchases based on fund availability.  

NIGP’s Economics, Budget, Financial Management, and Accounting is course creates a dedicated learning experience where students leave with the ability to:

  • Properly classify an expenditure.
  • Identify non-compliant purchases.
  • Determine if funds are available.
  • Identify what provisions/limitations should be included in the solicitation.
  • Work with departments to shift funds when needed.
  • Project when funding will be available to manage the purchase.
  • Plan capital purchases.
  • Make appropriate decisions regarding the encumbrance of funds.
  • Identify total cost of ownership.


Objectives

In order to successfully earn a digital badge, learners must:

  • Schedule a procurement based on funding attributes.
  • Oversee and direct all spend-related activities to promote greater efficiency and effectiveness by engaging in the continuous process of controlling and analyzing entity spend.
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