Discover how absorption costing is used in GAAP for external reporting. Learn its components and why it's essential for ...

The agency announced a 15% across-the-board limit on overhead reimbursement in February, which judges so far have concluded ...

What are Indirect (IDC or F&A) Costs? Federal Regulations define IDC as "Indirect costs are those that have been incurred for common or joint objectives and cannot be readily identified with a ...

In a big victory for university researchers, an appeals court has ruled that the Trump administration’s plan to cap payment ...

Wolinetz is chair of the health bioscience innovations practice at Lewis-Burke Associates and former chief of staff to the director of NIH. I’ve spent more than two decades of work in biomedical ...

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 ...

“It is not possible to perform the research funded by direct costs without the infrastructure supported by indirect costs,” said Eric W. Kaler, PhD. On February 10, a group of 22 state attorneys ...

Indirect costs (Facilities and Administrative (F&A) costs) are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of indirect (F&A) costs ...

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 ...

Since 1947, the federal government has provided research institutions with funding for administrative and facilities costs such as rent, heating, and electricity in addition to direct costs for ...

Late on Friday, the National Institutes of Health released a policy announcement that, at least from the title, you would be forgiven for tuning out entirely: “Supplemental Guidance to the 2024 NIH ...