(On-Demand Webinar) Allowable Costs, Cost Allocation, and Indirect Cost Rates

This webinar is part of FTLF's Federal Funding Academy series and discusses cost fundamentals as they pertain to the expenditure of funds by federal grant recipients.

The federal rules relating to allowable costs, cost allocation, and indirect cost rates are conceptually straightforward, but sometimes hard to apply to real-world business structures and scenarios. 

This session will start with the foundation of cost allowability, including both the basic threshold requirements for all allowable costs, and the concepts behind the more specific restriction applied to certain expenditures under the federal cost principles “selected items of cost.” Then, we will move on to the importance of allowability for expenditures made with program income, as well as the extent to which the government may have an interest in certain amounts obtained through refunds, rebates, and other returns as “applicable credits.” 

Other key topics will include:

  • The “allowable cost” framework applicable to grant-funded expenditures;
  • “New” requirements and flexibilities set forth in the Uniform Guidance;
  • The de minimis rate and requirements for passthrough-entities related to subrecipient rates; and
  • The role of federally approved indirect cost rate agreements.
 
To purchase the live version of this webinar or the live and on-demand package, click here.  

Target Audience

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

Learning Objectives

After this webinar participants will be able to:

  • Understand the fundamentals of cost principles as they pertain to the expenditure of funds by federal grant recipients;
  • Describe how indirect cost rates work and how rate agreements are negotiated; and
  • Identify what is and is not an allowable cost. 
Course summary
Available credit: 
  • 1.25 Certificate of Attendance
Course opens: 
04/05/2018
Course expires: 
07/19/2019
Cost:
$225.00

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]
 
 
Certificates of Attendance are available for all webinars (both live and recorded) for the registered attendee upon completion of the webinar.
 
A blank Certificate of Attendance will be available for organizations to issue to attendees that viewed the webinar (either live or on-demand). Due to the online nature of the training course, Feldesman Tucker Leifer Fidell LLP does not certify that the attendee actually viewed the course. A supervisor at the organization should sign the certificate, and therefore, certifies that the attendee viewed the course.
 
Attendance record forms are available for all webinars (live and on-demand) and can be utilized to record the attendance of numerous staff members for internal purposes.

Available Credit

  • 1.25 Certificate of Attendance

Accreditation Period

Course opens: 
04/05/2018
Course expires: 
07/19/2019

Price

Cost:
$225.00
Please login or register to take this course.

Recorded webinars are available for 60 days after the date of purchase or date of the webinar. Once your purchase is complete, you can re-access the webinar at any time by clicking “My Account” in the upper right hand corner of the page or by selecting it from the “My Training” box on the FTLF Learning Center homepage.

An unlimited number of participants can experience a live or recorded webinar by broadcasting it on a projection screen and watching it together. A single login can gain access to the webinar and be issued a certificate. The record of attendance form can be accessed under the certificate link within the activity. For more information on live and recorded webinars, please refer to our FAQ section.

PAYMENT POLICY

If you selected a payment option other than Credit Card, access to the on-demand webinar will be granted within 3 business days. Once you are granted access you will receive a confirmation email. FTLF reserves the right to suspend access to the webinar if payment is not received within 30 days.

REFUND/ CANCELLATION POLICY

No refunds are provided for recorded webinars. FTLF can accommodate transferring the registration to someone else within your organization or transferring the registration to another on-demand or upcoming live webinar provided that the webinar has not been viewed.

Required Hardware/software

Google Chrome and Mozilla Firefox are the preferred browsers.