Preparing or Reviewing a Non-Federal Entity’s Indirect Cost Rate Agreement Proposal (NICRA) and the New 10% de minimis Environment

Outcomes: Preparation or review by the participant of a Non-Federal Entity’s (NFE) indirect cost proposal and disposition of provisional vs. actual indirect rates under a de minimus or full indirect cost rate. Conducted by a Certified Public Accountant with 30 years of experience with indirect costs, this seminar will give you practical, hands-on know-how.

Group-Live Offering;

Basic: No Advance Preparation or Prerequisites Required; 8 CPE Hours

START

END

CITY

VENUE

INSTRUCTOR

November 17 - 8:30 AM

November 17 - 5:45 PM

Kigali, Rwanda

Kigali Serena Hotel, KN 3 Avenue

Doug Franke

$371

Description

Outcomes: Preparation or review by the participant of a Non-Federal Entity’s (NFE) indirect cost proposal and disposition of provisional vs. actual indirect rates under a de minimus or full indirect cost rate. Conducted by a Certified Public Accountant with 30 years of experience with indirect costs, this seminar will give you practical, hands-on know-how.

Group-Live Offering;

Basic: No Advance Preparation or Prerequisites Required; 8 CPE Hours

Understanding the Options of NFEs in Obtaining a NICRA
  • Review of OMB's SuperCircular for Obtaining a 10% De Minimus Rate
  • Election Available, and Requirements, for Obtaining a Higher Indirect Cost Rate
  • Obligations of Federal Awarding Agencies and Pass-Through Entities with Reviewing/Approving Indirect Cost Rates
  • Obligation to “True-Up” the Provisional with Actual Indirect Cost Rate Annually
Preparing/Reviewing a NFE’s Indirect Cost Proposal
  • Acceptable Organization-Wide Indirect Cost Methods
  • 13 Examples of Typical Indirect Cost Functions
  • Acceptable Bases of Allocation/Distribution
Direct Costing Concepts
  • 7 Mandatory Direct Cost Functions
  • Direct-Costing Shared Field Office Costs
  • Methods for Directly Allocating Administrative Costs
Typical Indirect Cost Rates Obtained by NFEs
  • Range of Indirect Cost Rates Obtained by NFEs
  • Conforming to Ceilings Imposed by Gates, Global Fund, etc.
  • Creating a Special Business Unit for Lower Indirect Cost Awards
  • Creating Administrative Service Center(s) for Direct Costing
Implementing Actions by NFEs With an Approved Indirect Cost Rate
  • Applying/Proposing Indirect Costs for Prospective Awards
  • Setting Up the Account Structure for Accounting for Indirect Costs
  • Documenting, Accumulating and Tracking Indirect Costs
  • Preparing the Annual “True-Up” Report of Actual Indirect Costs
Reviewing an Indirect Cost Proposal/Annual True-Up Report
  • Review of Major Indirect Cost Line-Items
  • Determining Any Unallowable Costs
  • Consistency in Charging Direct and Indirect Costs
  • Verify the Base of Allocation/Distribution

Practice Set for Preparing an Indirect Cost Proposal

There will be a 2-hour hands-on exercise in conceptualizing and preparing an indirect cost proposal for NFEs. (Enrollees bring a calculator.)

Agenda

Agenda TBA

Venue and hotel

Kigali Serena Hotel, KN 3 Avenue, Kigali, Rwanda

 

Policies

CPE Credit

SustainAbility Solutions is registered with the Michigan Association of Certified Public Accountants (MACPA) which is a sponsor of continuing professional education credits. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit and SustainAbility Solutions works with the MACPA to ensure that it’s courses and trainers meet the high Michigan standards. Complaints regarding our courses may be submitted to info@SustainAbilitysolutionspc.com

Payment Policy

Payments for all participants must be made before the first day of the course. Individuals and companies/organizations have three different methods of payment: credit card, check (drawn on a US bank) or wire transfer. When you register through our on-line form you should indicate which payment method you prefer and we will send you the appropriate payment instructions. If you wish to register multiple participants or if you are signing up for more than one course in a week then discounts may apply. See below.

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Cancellation notifications received in writing to info@SustainAbilitysolutionspc.com within 10 working days before the first day of any course will be eligible for a full credit to a future course. Registrants who cancel between 10 working days and the first day of the course will receive a credit of the fee paid less a $75 cancellation penalty. This fee will go to covering some of the costs that will have been incurred for the pre-booked venue. Registrants who do not show up for the course, without prior notification, will forfeit the full registration fee.

Group Discounts

Individuals or groups that sign up for more than two courses during the year are offered a 10% discount. Also, organizations that sign up more than three participants for any individual course can also earn a 10% discount. To receive the discounts you must register all participants at the same time and receive confirmation of this arrangement with our registration staff.

If you have any questions about our policies please send us an email as noted on the Contact Us tab.

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