The Nuts and Bolts of Indirect Cost
July 19, 2023 8:00 AM 9:40 AM Studio 5
For many organizations the indirect cost process is a confusing, unclear endeavor. Understanding indirect cost is an important key in the budgeting and management processes of the grant-funded entity. Unfamiliarity with the rules surrounding indirect costs can lead to issues of noncompliance and potential disallowance of costs creating an unnecessary financial burden on the entity. In this session, we will lift the veil of uncertainty and provide the participant with a thorough understanding of indirect cost. Attendees will learn the Uniform Guidance rules on indirect costs, the types of rates, and the basics of preparing an indirect cost rate proposal.
This session is recommended for all attendees. No prerequisites for attendance exist, and no advanced preparation is required. The program level is basic. Attendees can earn up to 2.0 hours of CPE credit in the field of specialized knowledge (nonprofits and government) for completing this session.
NOTE: THIS SESSION WILL HAVE AN ENCORE (REPEAT) PRESENTATION ON THURSDAY MORNING. IF YOU ATTEND THE ORIGINAL WEDNESDAY PRESENTATION, PLEASE CHOOSE ANOTHER SESSION TO ATTEND ON THURSDAY.