Indirect Rate Recovery for Non-Profits & Pass-Through Entities

Saturday, August 17, 2024
Webcast or Webinar, Online
10:00AM - 11:08AM (opens at 9:30 AM) EST
1Credits
Accounting and Auditing

Registration is Open

Members
$39.00 Regular Price
Non-Members
$59.00 Regular Price

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$20.00 Members / $28.00 Non-Members
Course Type: Webcast
Course Code: 24/AC724301
Level: Basic
Vendor: ACPEN
Field of Study: Accounting (Governmental)

Overview:

Our session will include a discussion regarding indirect rate strategies for cost recovery.  We will cover negotiating indirect rates with pass-through entities and alternative indirect cost recovery methods. A look at applying the PPP Loan Forgiveness credit.  Understanding the definition of sub-awards and the MTDC allocation base, and where best  to allocate bonus expense.  Included in this session will be a selected review of the Uniform Guidance FAQs regarding indirect rates for States and Municipalities, as well as recently issued FAQs that impact indirect rates and cost recovery.
 

Objectives:

  • Learn about the benefits of using indirect rates,
  • Understanding the limitations of the 10% de minimis indirect rate,
  • How to work with your Pass-Through Entity (PTE) to negotiate an indirect rate,
  • Dealing with grant close-out and resolving indirect rates,
  • What some municipalities and state governments have done to ensure the opportunity to negotiate an indirect rate in lieu of the 10% de minimis indirect rate, and
  • Problematic cost issues with sub-recipients.

Major Topics:

  • Indirect rates
  • Sub-recipient relationship with PTEs
  • PPP loan forgiveness credit
  • The District of Columbia and MD laws on settlement of indirect rates with PTEs
  • 10% de mnimis rate vs. indirect rate negotiation

Major Topics:

  • Indirect rates
  • Sub-recipient relationship with PTEs
  • PPP loan forgiveness credit
  • The District of Columbia and MD laws on settlement of indirect rates with PTEs
  • 10% de mnimis rate vs. indirect rate negotiation

Designed For:

Public accountants, CFO, Director of Finance, Comptroller, Controller, Accounting Manager, Grants compliance, grants administrator, director of grants, executive director, auditors performing Single Audits.

Prerequisites:

None