Indirect costs, also known as facilities and administrative (F&A) costs or overhead, are expenses incurred by an organization in support of its overall operations that cannot be easily attributed to a ...

In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...

F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...

Indirect costs (Facilities and Administrative (F&A) costs) are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of indirect (F&A) costs ...

Businesses are always looking for ways to cut costs and improve their bottom line. One often-overlooked area for potential savings is indirect spending—the expenses that are not directly related to ...

Learn what prime cost means, its formula, and calculation methods to optimize profit margins and pricing strategies in manufacturing.

If the sponsor does not have a policy limiting Indirect Costs (IDC/F&A) and the Principal Investigator (PI) requests reduced IDC for a budget, CU Boulder requires an Indirect Cost Reduction or Waiver ...

What are cost transfers and why do we monitor them so closely? A Cost Transfer is the transfer of an expenditure, or cost, that initially posted to one project or account and is then transferred to ...