Fundamentals of Indirect Rates

(1)

About this product

Format: E-course
Duration: Approx. 90 minutes
Instructor: Robert Jones, Left Brain Professionals
NCMA Certifications: 1.5 CPEs 
APTAC Certifications: 0.75 ATC (pending)
APTAC BOK: C.12 Financial Controls

$75.00

Want a discount? Become a member.

Categories: , Tag:

Description

Higher margins and improved profitability are a direct result of the proper calculation of indirect rates and the maximum recovery of all costs incurred. Classification of costs, identification of correct and allowable allocation methods, and accurate mathematical formulas are critical in the proper calculation of indirect rates. 

This session will focus on the most common cost pools utilized by government contractors and a single rate approach to indirect rates. We’ll describe the composition of each cost pool, explain the acceptable allocation bases, and walk you through a few calculation examples. Every participant will receive access to an online indirect rate calculator and downloadable tool.

1 review for Fundamentals of Indirect Rates

  1. I thought this was a fantastic webinar. Mr. Jones covered many topics and provided many examples. He covered the five cost pools and how they are allocated. At this beginner level, one suggestion would be to define some of the more accounting-specific terms, such as “pool” and “Base” and “Allocation.” These are words that are probably well known in accounting, but not so much by newer small business owners. Thanks for a great training webinar!

    jfitzmayer (verified owner)

Only logged in customers who have purchased this product may leave a review.