Is this the end of the world as universities and similar research institutions in the U.S. know it? Well, they probably don’t feel fine after the National Institutes of Health announced on Friday ...
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...
In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...
Congratulations! The program officer at your favorite foundation has finally invited you to submit a proposal for the new program you would like to start. You’re thrilled, but now comes the hard part: ...
Funding direct costs supports the expenses that can be specifically identified with a particular project such as researchers, supplies and travel. Funding indirect costs supports the critical ...
Reductions in federal reimbursement rates for institutional research facilities and administration costs could bankrupt America’s research universities.
Imagine that one evening you go out to a neighborhood restaurant and order a steak dinner. It is delicious, and everything is going well — until the check comes, and you demand that the proprietor ...
F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...
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