Cost Allocation and Indirect Cost Rates

September 26, 2024

Access the on-demand webinar here

One of the most challenging compliance obligations for federal grantees is ensuring that they charge only “allocable” costs to their federal awards.  At its core a very straightforward concept, in practice cost allocation can prove a complex endeavor.  From direct allocation, through cost allocation plans, and federally approved indirect cost rate agreements, an understanding of cost allocation principles aids grantees in efficiently and properly recovering project costs from the federal government.  

Join Partner Scott S. Sheffler to build from cost allocation basics to intermediate allocation concepts, examine practical examples, and walk through the indirect rate agreement negotiation process. 

Please note: This webinar is offered as a complimentary product to all Federal Grants Training Members. For more information on our Federal Grants Training Membership, click here or contact us.

The on-demand version of this webinar will be available for purchase one week after the conclusion of the live webinar. 

Target Audience

  • CEOs/Directors 
  • Fiscal Staff 
  • Compliance Directors 
  • Other grants management staff 

Learning Objectives

After this webinar, you will be able to: 

  • Understand the purpose of, and core standards applicable to, cost allocation under the federal cost principles 
  • Identify key compliance risks in the cost allocation framework and strategies to address them 
  • Discuss the purpose and nature of indirect cost rate agreements, how they are negotiated with the federal government, and how they are to be used once executed 
Course summary
Available credit: 
  • 1.50 Certificate of Attendance
Course opens: 
11/17/2023
Course expires: 
10/01/2026
Event starts: 
09/26/2024 - 1:00pm EDT
Event ends: 
09/26/2024 - 2:30pm EDT
Cost:
$175.00
Add to calendar: 

Scott Sheffler

A Partner with the firm in the Federal Grants and Health Law practice groups, Scott advises clients on matters of federal grant law, government contract law, and health care law. Scott assists clients with the myriad requirements that apply upon acceptance of federal grant funding, including the administrative requirements and cost principles established in the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the Office of Management and Budget (OMB) Circulars that preceded the Uniform Guidance, and program-specific statutory and regulatory funding conditions. [Full Bio]

Participants can earn up to 1.80 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.

ATTENDEE REQUIREMENTS FOR CPE CREDIT

If you purchase CPE credit for this webinar you must satisfy the following conditions in order to receive your certificate:

  1. Answer at least 6 of the polling questions during the webinar
  2. Complete the evaluation survey after the conclusion of the webinar or in the follow-up email

Upon completion of these requirements, we will email you your CPE Certificate within two (2) weeks.

ADDITIONAL INFORMATION

  • Prerequisites: None 
  • Target Audience: CEOs/Directors, Fiscal Staff, Compliance Directors, Other Grants Management Staff
  • Advanced Preparation: None  
  • Program Level: All
  • Delivery Method: Group Internet Based
  • Attendance Requirements: In order to be awarded the full credits, you must respond to six (6) out of eight (8) polling questions.

Feldesman Leifer LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org (formerly www.learningmarket.org).

Available Credit

  • 1.50 Certificate of Attendance

Price

Cost:
$175.00
Please login or register to take this course.

Access to the recorded version of this webinar is included in your purchase.

You will have access to the recordings for 90 days after enrollment. Once posted to your account, you can view each webinar anytime on-demand during the access period identified in your purchase confirmation. For additional information on viewing and accessing webinars, view our full terms and conditions here.

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