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Indirect Cost Rates and Cost Allocation Issues: Best Practices Under 2 CFR 200 Rules
Rex Porter

Please join Rex Porter, CEO of Porter Group LLC, for a clear and concise explanation of key 2 CFR 200 indirect cost rates and cost allocation requirements. Mr. Porter will provide indirect cost insights and guidance found few other places. And, you will gain knowledge regarding those changes affecting the very core of some of your nonprofit’s long-term strategies and day-to-day operations.

Price: $299.00

Venue

This is a virtual event, accessible online. Access instructions will be provided after registration.
Indirect Cost Rates and Cost Allocation Issues

A challenging part of running a high performance nonprofit is understanding, using and documenting your indirect cost activities. Under our Uniform Guidance — 2 CFR 200 — much of nonprofit grant management was simplified. However, indirect costs treatment became more complicated and risky for any nonprofit who has an accounting system that includes indirect costs. In today’s “era of accountability” understanding and following the federal rules for cost allocation and dealing with indirect cost rates is a critical function for most nonprofits. The past few years of nonprofit operations under 2 CFR 200 have taught our nonprofit community key areas of compliance, risk, best practices and auditor interests. 2 CFR 200 changed key rules such as non-federal entity types of indirect cost rates under federal awards, recognition of federal indirect cost rates, one-time rate extensions of a federally-approved negotiated indirect cost rate and many others. Knowing what the key changes are, how they are impacting nonprofits and what auditors focus on is not an easy job.

WHAT YOU’LL LEARN

Just a sampling of what this webinar will cover:

  • Changes to cost allocation and indirect cost rate requirements likely having an impact on your nonprofit
  • Appropriate use of de minimis rates and two other potential indirect cost rates
  • Options for how your organization best allocates costs
  • Necessary changes to your policies and procedures under the 2 CFR 200
  • Required changes to operational systems
  • Why a nonprofit might want to turn down receiving indirect cost reimbursements
Price: $299.00

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PRESENTER

Rex Porter

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.