Intro to Indirect Costs

Attend this LIVE, ONLINE TRAINING presented by our expert, who will be using all the interactive training tools used in the classroom and more. Youíll be able to ask questions, respond to polls, and collaborate with others. Donít let anything interrupt your training needs. Join us online and experience a different way of learning! Please click here for Virtual Training FAQs.

Join us for this virtual training where youíll uncover the basics of indirect costs and understand how indirect costs impact your tribal program, as well as how your indirect cost rate will be calculated. This class will give you the confidence of greater oversight and control of your tribeís financials.

T O P I C S   I N C L U D E
Calculating the Rate
  • Impact of different rates
  • BIA and IHS P.L. 93-638 contract support costs versus other federal agency indirect costs
  • Changes in the indirect cost pool and base
Indirect Cost Pool
  • Personnel
  • Council costs and the 50% Rule:
    • Legal costs
Direct Cost Base
  • Exclusions:
    • Capital items
  • Contractual:
    • Legal fees
  • Pass-through:
    • Use of the chart of accounts
  • Other:
    • Property taxes
    • Distorting items
    • Minimal administrative effort
Salary Base Versus Direct Cost Base
Carry-Forward Schedule
  • Mechanics
  • Over versus under recovery
  • Managing the carry-forward schedule
How to Calculate How Much Indirect Cost Programs Would Pay
Questions and Answers

*Topics subject to change.

Click here to find out how you can bring a Falmouth Institute class to your location!
© Copyright 2020 | Terms of Use | Privacy Policy