This presentation will include: an overview of developing and submitting indirect cost rate proposals; how the rules governing indirect costs have changed; and provide practical examples how agencies can prepare. Other considerations including potential problems that may lead to audit findings.
Gain awareness of direct and indirect costs.
Recognize changes to indirect costs.
Distinguish between different indirect cost rates.
Identify formulas for calculating indirect costs.
Review considerations to obtain an indirect cost rate.
Identify key requirements for cost allocation plans.
Detect potential problems with cost allocation plans.
Recognize changes to cost allocation plans.