Training Fundamentals of Indirect Cost Rates

Training Fundamentals of Indirect Cost Rates

Training Fundamentals of Indirect Cost Rates. Membahas secara komprehensip dan mendasar biaya-biaya tidak langsung termasuk biaya-biaya overhead This course provides a solid understanding of how indirect cost rates are established, how they are applied, and how they behave. Major topical areas include: types and elements of accounting systems; factors considered in choosing an accounting system; financial statements — their contents and meaning

ikuti juga :training project cost management

Objectives and Benefits

1. Analyze indirect costs
2. Perform an Overhead Rate Analysis

Materi 

1. Categories of Indirect Costs
2. Overhead
3. General and
4. Administrative Expenses.
5. Allocation of Costs
6. Definition
7. Allocation to the final cost objective.
8. Methods of allocating overhead cost.
9. Effect of Different Allocation Bases
10. Basic data
11. Allocation based on: direct costs; production quantity
12. Affect of allocation method on total cost
13. Significance of different allocation methods
14. Under absorption and Over absorption of Overhead Costs
15. Under absorption,
16. Over absorption, and
17. Exact Absorption
18. Impact of Faulty Forecasts
19. Cost analysis of overhead rates.
20. FAR requirements for submission of indirect costs
21. Analysis of overhead costs and the basis of allocation.
22. General and administrative costs. Special considerations
23. Follow-on contracts
24. Off-site overhead
25. Allowability of costs under government contracts
26. Forward pricing, billing, and final indirect rates
27. Burden Rate Projection
28. Basic steps in determining rates
29. Projecting rates
30. Rate changes
31. Cost-volume-profit analysis
32. Steps in performing overhead rate analysis