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An Overview Indirect Costs Denver, Colorado August 200USUALOL/VETS Competitive Grantees Training Conference Presented by Phil Zahid Regional Cost Negotiator Atlanta Region What will we cover? Definitions/Terms

How to fill out conference indirect costs

How to fill out conference indirect costs:

1. Identify all the indirect expenses associated with the conference, such as staff salaries, office supplies, utilities, and marketing expenses.
2. Calculate the total cost of these indirect expenses.
3. Allocate a portion of these indirect expenses to the conference based on a reasonable and justifiable method, such as the percentage of time and resources dedicated to the conference.
4. Document and justify the allocation method used for each indirect expense category.
5. Add up the allocated costs for each indirect expense category to determine the total conference indirect costs.

Who needs conference indirect costs:

1. Organizations or institutions that are hosting or organizing conferences need to consider conference indirect costs. This includes universities, companies, government agencies, and nonprofit organizations.
2. Conference planners and event managers also need to account for conference indirect costs when budgeting and determining the overall costs of hosting a conference.
3. Funding agencies and sponsors may require a breakdown of conference indirect costs in grant applications or sponsorship proposals to ensure transparency and appropriate use of funding.

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What is conference indirect costs?

Conference indirect costs refer to the expenses incurred by an organization in hosting or participating in a conference that are not directly attributable to the event itself. These costs include overhead expenses, administrative fees, and other indirect expenses.

Who is required to file conference indirect costs?

Any organization or entity that incurs conference indirect costs and is subject to reporting requirements, typically government agencies or organizations receiving federal funding, may be required to file conference indirect costs. The specific requirements for filing may vary depending on the funding source or grant agreement.

How to fill out conference indirect costs?

To fill out conference indirect costs, you will typically need to gather information related to the indirect expenses incurred during the conference. This may include overhead costs, administrative fees, personnel expenses, and other indirect costs. You will then need to report this information following the guidelines provided by the funding source or grant agreement.

What is the purpose of conference indirect costs?

The purpose of reporting conference indirect costs is to provide transparency and accountability in the use of funds or resources provided for the conference. By reporting these indirect costs, organizations can demonstrate how funds are being allocated and utilized for the event.

What information must be reported on conference indirect costs?

The specific information to be reported on conference indirect costs may vary depending on the requirements set by the funding source or grant agreement. Generally, this will include details on overhead expenses, administrative fees, personnel costs, and other indirect costs incurred during the conference.

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