HUD sponsored

Core Principles of Financial Management


July 17, 2018



Financial management is the process of using funds effectively, efficiently and transparently. It is accomplished through a combination of procedures, methods, rules of conduct and standards. Effective and efficient financial management systems have key characteristics in common. HUD expects grantee and sub-recipient financial management systems to include the following key components: budgeting, internal controls, Federal cost principles, accounting and record keeping, procurement, reporting and audits. Sound financial management requires that all of these components work properly and in connection to one another.

Training Objectives

This webinar:

  • Increases understanding of Budgeting, Accounting & Financial Cost Principles
  • Enhances competency in funds management

Get Credit Instructions

View instructions on how to get credit for viewing this video.


If you have attended or completed this training, select the button below to add the course to your transcript.

View Get Credit Instructions