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Facilities & Administrative Rate Short Form

Must see for schools preparing this form!

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Overview

This program is a must-see for schools preparing the facilities and administrative (F&A) short form as prescribed in Office of Management and Budget (OMB) 2 CFR 200. Mira Levine, manager, MAXIMUS higher education practice, provides an overview of relevant cost accounting standards and describes the F&A cost pools and rate calculation.

Module one offers an overview and guidance on the calculation, module two provides specific considerations and indirect cost pools. The final module provides an inside look into the F&A short form calculation and proposal
 
With content development support from Maximus.

Meet the Presenters

  • Mira Levine, manager, MAXIMUS, higher education practice
  • Sue Menditto, director, accounting policy, NACUBO

What You Will Learn

NACUBO’s professional development programs are designed to deliver the skills, concepts, and best practices for success to individuals in the business of higher education. After participating in this program, you will be able to:

  • Understand OMB 2 CFR 200 guidance for the simplified method
  • Describe cost accounting standards
  • Identify unallowable costs
  • Develop facilities and administrative cost pools for rate calculation
  • Prepare facilities and administrative rate calculation
  • Develop strategies for rate proposal negotiation

Who Should Attend

  • Indirect cost rate practitioners
  • Accountants
  • Controllers
  • Project administrators
  • Auditors

Prerequisites

Course Information

  • Module 1: Overview & Guidance (52 minutes)
  • Module 2: Specific Considerations and Indirect Cost Pools (45 minutes)
  • Module 3: F&A Short Form Rate - Calculation and Proposal (45 minutes)
  • Learning level: Intermediate
  • Access: participants will have online access for one-year

 

Technical Requirements

Adobe Acrobat Reader

CPE Information

There are no CPEs offered for this event.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.

Registration Rates

Registration assistance: 800.462.4916 or support@nacubo.org

Cancellation Policies

Member Member Ends June 6, 2066

$150.00

Non-Member Member Ends January 1, 2066

$300.00

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