Developing Indirect Cost Rates for Nonprofits
So you’ve received a federal grant—the hard work is over, right? Wrong! Do you know what costs are allowable and how to document them? Do you know how to develop the correct indirect rate model for full recovery? Does your organization understand the methods permissible for recovering more of your cost direct than indirect?

This 90 minute audio conference will provide tools to develop indirect cost rates from fringe, occupancy, local overhead or General & Administrative (G&A). Topics for discussion include: isolating administration from facility cost, identifying direct functional areas, direct allocation method, uses of local overhead and G&A and other forms of intermediate cost centers. In addition, learn the Indirect Cost Rate Proposal model and templates for the annual submission of an indirect rate to the U.S. Department of Health & Human Services.

Attend this interactive audio conference and learn:

• Essential rate mechanics: basics of indirect rates and project cost accounting and definitions
  • Designing a cost accounting system to compute indirect rates
  • Use of service centers for fringe and occupancy
  • Isolating administration from facility cost
  • Identifying direct functional areas
  • Difference between overhead and G&A
• The steps for designing an indirect rate system
  • Computing total cost
  • Tools available to analyze rates and the bottom line
• How to develop an Indirect Cost Rate Proposal using the U.S. Department of Health and Human Services model format

Who Should Attend:

• Not For Profit Organizations / Industry personnel in finance and administration, grants management, fundraising / development
• Key personnel involved with federal or private foundation grants who need to understand the “how to’s” in developing indirect cost rates for Not For Profit Organizations
• Program directors
  

Presented by:
Paul H. Calabrese

About the Presenter
Mr. Calabrese is a Senior Manager, providing accounting and consulting services to not-for-profit and government contracting clients. Mr. Calabrese has considerable experience with the Cost Accounting Standards (CAS) and CAS disclosure statements, Federal Acquisition Regulation Cost Principles (FAR), Department of Defense (DOD) FAR Supplement, OMB Circulars A-110 and A-122 (cost principles for non-profit organizations), the Federal Accounting Standards and Advisory Board (FASAB cost practices for federal agencies), and the Defense Contract Audit Agency (DCAA) manual.

Mr. Calabrese has 28 years of professional experience. In addition to 10 years of experience at a public accounting firm and 13 years with three government contractors, he was a Senior Auditor for the Defense Contract Audit Agency (DCAA).