USMC FINANCIAL GUIDEBOOK FOR COMMANDERS

USMC FINANCIAL GUIDEBOOK FOR

COMMANDERS

Headquarters, U.S. Marine Corps NAVMC 2664 REV 1.0

APR 3 2009

LOCATOR SHEET

Subj: USMC FINANCIAL GUIDEBOOK FOR COMMANDERS Location: ___________________________________________________

(Indicate location(s) of copy (ies) of this Manual.)

NAVMC 2664

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CONTENTS Page

I. USMC BUDGET

1

Introduction

1

Overview of the Planning, Programming, Budgeting and Execution (PPBE) Process

1

PPBE Process

1

Program Objective Memorandum (POM)

1

Budget Formulation

2

Mid-Year Review

2

Budget Execution

2

Money Flow

2

HQMC

3

Operating Budget (OPBUD)

3

Sub-Operating Budget (SUBOPBUD)

3

Allotments

3

Major Command Recipient Identifier (MRI)

3

Allotment Recipient Identifier (ARI)

3

Sub-Allotment Recipient Identifier (SRI)

3

Work Center Identifier (WCI)

4

Budget Execution Activities (BEA)

4

Budget Execution Sub-Activities (BESA)

4

Types of Appropriations

4

Marine Appropriations sometimes referred to as Green Appropriations

4

Military Personnel, Marine Corps (MPMC)

4

Reserve Personnel, Marine Corps (RPMC)

4

Operations and Maintenance, Marine Corps (O&MMC)

5

Operation and Maintenance, Marine Corps Reserve (O&MMCR)

5

Procurement, Marine Corps (PMC)

5

Procurement of Ammunition, Navy and Marine Corps (PANMC)

5

Navy Appropriations sometimes referred to as Blue Appropriations

5

Navy Working Capital Fund (NWCF)

5

Nonappropriated Funds (NAF)

6

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II. COMMAND FINANCIAL MANAGEMENT

7

Overview

7

Commanders Financial Responsibility

7

Purpose Statue

8

Time (Bona Fide Need)

8

Amount (Antideficiency Act)

8

Expense/Investment Criteria

9

System Unit Cost

10

Central Management

10

Central Procurement

10

Command Budget Planning

10

Command Budget Execution

11

III. MARINE CORPS MANAGERS' INTERNAL CONTROL PROGRAM (MCMIC) 12

Introduction

12

Internal Controls Over Financial Reporting (ICOFR) Process

12

Overall Managers' Internal Control (OMIC) Process

13

Managers' Internal Control (MIC) Plan

14

Risk Assessments

14

Internal Control Assessment

14

Corrective Action Plan

14

Material Weakness Criteria

14

Managers' Internal Control Program Statement of Assurance (SOA)

15

Audits, Inspections and Assistance Visits

15

Resource Evaluation and Analysis (REA)

16

Marine Corps Administrative Analysis Team (MCAAT)

17

Marine Corps Financial Evaluation and Analysis Team (MCFEAT)

17

Marine Corps Financial Management Operations Support (MCFMOS)

17

IV. CONTRACTING AND ACQUISITION

18

Contracting Supplies and Services

18

Contracting Activities

18

Contracting Authority Levels

18

v

Acquisition Cycle

18

Buying Goods and Services

19

Simplified Purchases

19

Micro-Purchases

19

Purchase Orders

19

Blanket Purchase Agreement (BPA)

19

PR Builder

19

Command Priorities

19

Contract Regulations / Guidance

20

Warfighting Requirements

20

V. FREQUENTLY ASKED QUESTIONS (FAQs)

22

Basic Questions

22

What are my financial duties and responsibilities?

22

What should my fiscal Marines be doing to support our fiscal mission?

22

What are the limits on my financial authority?

22

What are my execution goals?

23

What are my dollar value limits on execution?

23

What is an unauthorized commitment?

23

What is my contracting authority?

24

What is MyPay?

24

How are my civilians paid?

25

Mission Accomplishment

25

How do I request funds?

25

What can we spend during a Continuing Resolution Authority (CRA) period? 26

How should we `manage' unfunded requirements?

26

Why are Unliquidated Obligations (ULO) important?

26

Why are Outstanding Travel Orders (OTO) important?

27

Why are Outstanding Travel Advances (OTA) important?

27

Why are outstanding commitments important?

27

Why are Unmatched Disbursements (UMD) important?

27

Why are Negative Unliquidated Obligations (NULO's) important?

28

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