Closing Remarks © Dale R. Geiger 20111

Congratulations!! On completing the most mathematically rigorous course in the Army Financial Management School We’ve covered a lot of ground Overview of several external accounting methods Strong emphasis on cost measurement and analysis Cost relationships Cost tradeoffs Cost estimation Cost explanation Introduction to Cost Benefit Analysis and Cost Management applications © Dale R. Geiger 20112

PCAM Program of Instruction Overview © Dale R. Geiger Fundamentals of Accounting Cost Estimating Cost Explanation Cost Estimating Cost Explanation Cost Relationships Cost Tradeoffs Cost Relationships Cost Tradeoffs Accounting Basics Fund Accounting Financial Accounting External Costing Managerial Accounting Variable/Fixed Cost Multi-Period Costing Direct/Indirect Cost Cost Allocation Breakeven Analysis Flexible Forecasts Learning Curve Effects Cost Benefit Analysis Variance Analysis Cost Management AAR Week One Week Three Week Two

Further Study ICAM: the Intermediate Cost Analysis and Management Course Offers more emphasis on application of cost analysis to the Army’s cost management and control needs CMCC: the Cost Management Certificate Course Offers a grad school level experience to prepare those who will drive change in their organization © Dale R. Geiger 20114

ICAM Program of Instruction Overview © Dale R. Geiger Understanding Cost Applying the Process Learning the Process Accounting Basics Cost Relationships Cost Tradeoffs Cost Projection Cost Explanation Cost Benefit Analysis CBA Examples Cost Management After Action Review Cost Management Cases Cost Control Theory Org Based Control Role Based Control Output Based Control Change Management Week One Week Three Week Two

Call to Action Learning has little value if it is not applied THIS IS YOUR JOB As an early graduate of PCAM, your newly acquired skills may not be known to your command Your will find that bringing your cost analysis and management skills to the attention of superiors will be career enhancing And hugely important to the Army’s Mission! © Dale R. Geiger 20116

Resources Government Management Institute Website: Sierra Rojo Lane Valley Center, CA phone: © Dale R. Geiger 20117