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BFM 2750V Industry Financial Business Acumen (Last Modified:19-Jul-2024)   Description ***This is an online Virtual Instructor-Led Training (VILT) course.*** Restrictions: This course is restricted to DoD government civilian and military students only. The active learning experience designed in this Virtual Instructor-Led (VILT) training course gives a DoD acquisition professional a more in-depth understanding of the federal government marketplace from a defense industry perspective. Through discussion and case-based scenarios, attendees learn to apply analysis techniques employed by industry to fulfill their role as a program office’s chief business advisor. Graduates will be prepared to: evaluate the financial responsibility of defense suppliers; discuss a contractor’s indirect rate formulation and impact on a program budget; detect potential distortions in a contractor’s cost allocations; determine program risk of a supplier resulting from other defense programs’ budget decisions; and evaluate funding requirements considering the government’s rate cycle and contract types. Click Here to learn more about this course. Objectives Download Course Objectives Target Attendees Financial Management Defense Acquisition professionals with four or more years of relevant experience. Prerequisite(s) Required: ACQ 315V/315 Understanding Industry Predecessor Course(s) Predecessor Predecessor Course Title PDS Code Expires On None None None None Course Length 3 days Additional Course Information Delivery Mode Virtual Instructor Led Training Equivalent Courses None Availability Department of Defense (DoD) Only PDS Code HKZ Walk-ins Authorized Yes Pre-work required No First Offering 08/29/2023 ACE Recommended Credits YES Continuing Education Units   1.6 Continuous Learning Points  16 Reservist Retirement Points  0 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible YES Technical Requirements Click Here Notes Additional Information: Virtual classes are conducted via MS Teams. All times are in the local time zone of the DAU region assigned to teach the offering. Students are required to test connectivity with DAU IT prior to the class start date. DAU does not reimburse student phone/internet charges. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).