Overhead costs, ranging from attorney and staff salaries to technology costs and healthcare expenses, are continuing to increase year over year. Firm leaders are taking two approaches to address the ...
The Ford Foundation works with thousands of nonprofits, each with different needs and structures. Yet its program grants pay for related indirect costs at a single rate — 20 percent of the grant. Such ...
Overhead allocation is a source of great disagreement in our industry. Should the allocation be based on job price? On job cost? Per project? Or per field man-hour. We understand the pros and cons of ...
Should judges award lower fees to lawyers who have lower overhead? Not according to U.S. Magistrate Judge Andrew W. Austin of the Western District of Texas, who referred to "the pomposity" of the ...
The National Institutes of Health (NIH) issued guidance capping the “indirect costs” of all NIH grants at 15%. Universities such as Stanford, University of Pennsylvania, and Harvard have been ...
As a former corporate controller and senior vice president of operations, I have experienced both sides of allocated overhead. I have learned manufacturing executives have more control over costs ...
The disclosure statement is called the DS2 and the format is prescribed by Uniform Guidance. It discloses our cost accounting principles and how we account for our indirect and direct cost pools. It ...