Professional Development

ASMC Annual Achievement Awards

To promote professional development, ASMC recognizes the best and brightest Financial Management employees at Wright-Patterson AFB with annual achievement awards, both at the local and national levels. Award nominees do not have to be ASMC members, the intent is to recognize excellence across the DoD. Award nominations for calendar year 2020 are due to Ms. Sheena Fast by January 25, 2021. Please see the following links for:


Elsie Steffany Memorial Scholarship Award

This ASMC scholarship award covers the costs for winners to study for and take the CDFM exams. The award includes enrollment for two years in the CDFM program, the CDFM textbook, one EDFMT course, the CDFM Modules 1-3 exams, and registration for the National PDI. Award nominations must be submitted to the local chapter by December 31, 2021.

Please see the linked PDF for more details and information:


ASMC National Essay Contest

ASMC holds an essay contest each year. Up to three winners are selected each year. The winners of the contest may have their essays published in the Armed Forces Comptroller magazine or on the ASMC website, be awarded a cash prize, and receive a plaque.

Essay submissions must be original, of a single author, and must not exceed 1,500 words. Submissions must be received by February 28, 2021. The essay topic for 2021 is:

“Historically, many federal agencies have organized based on the premise that their workforce will operate in largely traditional office spaces. The COVID-19 pandemic challenged that model, as many organizations were forced to limit in-person/on-site activities due to increased health risk. What should your organization do now to prepare to operate more effectively through future pandemics or other similar contingencies?”

For more information and details about the contest, please see the following linked PDF:


FERS Retirement Planning Tool Template (Updated)

This is a tool built in Excel that is designed to help FERS employees determine the best age at which to retire. The 2nd tab of the workbook contains an embedded Word document that describes the purpose of the tool and some basic instructions on how to use it. The 3rd tab of the workbook (titled Inputs) is where ALL of the data is input into the tool. The 4th tab (titled Income Stream) is self-explanatory. The tabs labeled by age portray the details that are fed into the Income Stream tab. Once you gather the necessary information you’ll need to input your data into the template, it shouldn’t take more than a few minutes to actually enter the data.

Note: This is an updated version of the tool from what was previously posted here. This is the version that contains all of the latest factors and bells and whistles from the recommendations of everyone who beta tested it. If you copy and paste your inputs from a previous version into the attachment, please use the Paste Values option. Also note that you must enable the Printer Friendly LES in myPay if you enter your latest LES inputs into the tool directly from the myPay website.

FERS Retirement Planning Tool (Master blank template) v20200717.xlsx


Dashboarding Basics

Are you interested in learning about creating dashboards in Excel? In this free virtual training, Mr. Ed Fritts of TekSouth presented some basic dashboarding tools in June 2020’s Tips & Tricks. Mr. Fritts covered:

  • Intro Pivot Enhancements
  • Format Data & Creating Pivot Table
  • Adding Fields Names
  • Creating Customized Design Subtotals
  • Creating Customize Design & Value Columns
  • Creating Slicers Timeline
  • Generate Reports
  • Slicers Multiple View

If you would like to view the presentation and download the materials, please click the following link. Thanks to Mr. Fritts and TekSouth for providing this training!
https://www.teksouth.com/2020/06/25/june-tips-and-tricks-dashboards/


Managing Job Stress

Wouldn’t it be nice to have some tips for managing your job stress? It’s something we all have, to varying degrees. Our local Employee Assistance Program (EAP) office provided this article, which will be printed in part in the March 2020 edition of the Wright Flyer newsletter. The full text of the article is in the file linked below.

Managing Job Stress.docx


About CDFM

The American Society of Military Comptrollers offers the Certified Defense Financial Manager (CDFM) program to those persons desiring to demonstrate proficiency in the core aspects of defense financial management.

More on the CDFM and CDFM Training

PRACTICE CDFM QUESTIONS 


Professional Development Institute (PDI)

Note: National PDI 2020 has been canceled due to the COVID-19 pandemic. Also, the Aviation Chapter Mini-PDI 2020 has been cancelled. Stay tuned for information on the 2021 conferences.

ASMC offers annual training events which provide attendees opportunities to earn continuous education points and further their professional development. These events are called PDIs.

At the national level, ASMC hosts a National PDI each year, usually the week of Memorial Day. At the local/regional level, many local ASMC chapters host a Mini-PDI, which takes different forms across the country. For the Aviation Chapter, the Mini-PDI is a one-day conference event held in the spring.

For those who would like to participate in training at their leisure, the National ASMC provides a Virtual PDI. This consists of online access to recorded material (workshops and mini-courses) from the year’s National PDI.

Many PDI events, including the Virtual PDI and the Aviation Chapter Mini-PDI, provide continuing professional education (CPE) or continuing education and training (CET) credits.


DOD FM Certification

ASMC FM Certification Briefing