Fundamentals of Overhead and Other Indirect Cost Rates

Management Concepts

How long?

  • 3 days
  • online, in person

What are the topics?

Management Concepts

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Operations

Operations management has recently become a crucial part of any company's framework. This complex process focuses on reducing organizational expenses ...

Who should attend

This course is designed for contracting and pricing personnel.

About the course

Most Federal agencies have experienced a lack of cost and pricing expertise within their contracting workforce, which leads to waste and other funding misuse. Understanding how indirect costs function will allow you greater oversight and control of your agency’s financials.

Learning Objectives

  • Analyze indirect costs
  • Perform an overhead rate analysis

Course Topics

Analysis of Indirect Costs

  • Categories of Indirect Costs
  • Allocation of Costs
  • Effect of Different Allocation Bases
  • Example of Typical Overhead Allocation
  • Rate Inconsistencies Over Allocation Cycle
  • Underabsorption and Overabsorption of Overhead Costs
  • Eichleay Formula for Extended Overhead
  • Impact of Faulty Forecasts and Other Business Changes
  • Significance of the Overhead Rate
  • Cost Analysis of Overhead Rates (General)
  • FAR Requirements for Submission of Indirect Costs
  • Analysis of Overhead Costs
  • Analysis of the Basis of Allocation
  • Importance of Overhead Rate Analysis
  • General and Administrative Costs
  • Fringe Benefits
  • Off-Site Overhead
  • Allowability of Costs Under Government Contracts
  • Forward Pricing, Billing, and Final Indirect Rates

Burden Rate Projection

  • Basic Steps in Determining Rates
  • Example of Projecting Rates
  • Rate Changes
  • Steps in Performing Overhead Rate Analyses

Fundamentals of Overhead and Other Indirect Cost Rates at Management Concepts

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Operations

When it comes to operations control, whether you’re trying to optimize workflow or marketing and sales operations, you need to impact as many variables at once as possible in order to have a greater effect. However, it's not always that easy. How sho...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

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