(Recorded Webinar) Cost Allocation and Indirect Cost Rates
One of the most challenging compliance obligations of federal grantees is ensuring that they charge only “allocable” costs to their federal awards. At its core a very straight-forward 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 FTLF 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.
- CEOs/ Directors
- Fiscal Staff
- Compliance Directors
- Other grants management staff
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.
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: We verify attendance upon completion of a webinar (live or recorded version) and will only issue certificates in the name of the account holder enrolled in the course. If you need to document attendance for someone other than the account holder, we provide blank Certificates of Attendance for a supervisor to sign and certify that a different individual viewed the course.
Group Attendance: Due to the online nature of webinars, we cannot verify participation by more than one person. For groups, we provide an attendance record form and blank Certificates of Attendance to record attendance at a group viewing session and document each individual's participation. We recommend that a supervisor or colleague sign the certificate to certify attendance.
Read more about maintaining an attendance record in our FAQs.
- 1.25 Certificate of Attendance
Enrollment for this course has been closed. If you are interested in this topic, you can register for the September 2021 webinar, Cost Allocation and Indirect Cost Rates.
Recorded webinars are available for 180 days after the date of purchase or date of the webinar. Once posted to your account, you can view this 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.
If you pay by credit card or PayPal, you will be able to access the recorded webinar immediately (unless the live webinar has not yet occurred). If you pay by check, we will grant access to the recording when we receive your check. You will receive a confirmation email once access is granted. FTLF reserves the right to suspend access to the webinar if payment is not received within 30 days. For more information on payments and registration, please visit our FAQ page.
No refunds will be provided for recorded webinars. FTLF can transfer a registration to someone else within your organization or, provided you have not already viewed the webinar, transfer the registration to another on-demand program. Where the registration fee for the new webinar is higher, you must also pay the difference between the original course and the new course registration fee at the time of transfer. Administrative fees may also apply. If your organization purchased a webinar under the account of a staff member who no longer works for your organization, please Contact Us. View our full policy on refunds and cancellations here.
Google Chrome and Mozilla Firefox are the preferred browsers.