Indirect Cost Allocation in Construction - Online Course
Jul 26, 2023 - 3:00 PM (ET) - Live, Online
Hosted by CFMA
About this Event
Wednesday, July 26th, 2023
Time: 3:00PM - 5:00PM (ET), 12:00PM - 2:00PM (PT)
This course will provide participants with an understanding of indirect costs, how they are captured in the accounting system, and various methods of calculating indirect cost rates. Discussions will be based on multiple scenarios and how different rate calculations impact estimates, contracts, and the bottom line.
Participants will review several examples of indirect cost rate calculations, discuss strategies based on certain construction industries, and learn considerations for why one contractor may choose to capture costs differently than another.
After completing this session, you will be able to:
- Understand the importance of capturing indirect costs consistently
- Determine appropriate and reasonable methods of capturing indirect costs and developing indirect cost rates
- Evaluate the impact of indirect costs and rates on estimates
Level & Prerequisites
This is a group-internet course at the Basic Level. No prerequisites or advanced preparation required.
Earn 2 CPE credits in the field of Accounting.
CPE can only be earned by attending the live session. CPE is not available by watching the recording.
Who should attend?
- Business Owners
- Professional Advisors
- Risk Managers
$75 for CFMA members
$105 for non-members
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at firstname.lastname@example.org at least one day before the start of the program.
CFMA Colleague Discount
If you are a CFMA member and would like to enroll someone at your company in this course who is not a CFMA member, please contact CFMA at email@example.com for more information.
CFMA Group Discount
If you are interested in registering a group of individuals at your company, please contact CFMA at firstname.lastname@example.org for more information.
Bob Biehl, Director, Assurance & Business Advisory Services, GBQ Partners, LLC
Rich King, CPA, CCIFP - CFO/Treasurer, Schouch, Inc.