Tricky Costs: Where Do I Charge the Dog Food
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Transcript of Tricky Costs: Where Do I Charge the Dog Food
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Tricky Costs: Where Do I Charge
the Dog Food Town Hall
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Marilyn SurbeyME Surbey Consulting, LLC
Atlanta GA(404)932-6200
P. Dean SurbeyExecutive Associate Dean, Rollins School
of Public HealthEmory University
(405)[email protected]
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DIRECT OR INDIRECT COSTS
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DIRECT OR INDIRECT COSTS• Direct Costs can be specifically identified with
a particular cost objective (a particular award, project service, or other activity).
• Indirect Costs that are incurred for common or joint objectives and cannot be readily identified with a particular final cost.
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DIRECT OR INDIRECT COSTS• Direct Costs can be specifically identified with a
particular cost objective (a particular award, project service, or other activity).
• Indirect Costs that are incurred for common or joint objectives and cannot be readily identified with a particular final cost.
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• Indirect Costs include accounting, human resources, executive management, utilities, maintenance, depreciation on buildings and equipment, libraries, etc.
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Some expenses can be direct or indirect costs depending on usage.
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Allowability• Allowable - Expense that can be charged either
as a direct or indirect cost under the applicable cost principles. Examples are salaries, depreciation, plant operations, travel etc.
• Unallowable – Expense that cannot be charged either as a direct cost under the applicable cost principles.
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LET’S PLAY!
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• Computers/iPads and related peripherals (printers, monitors)– Runs a piece of scientific equipment for grant– Desktop computer used for grants– Collects survey data for grant
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Gift Certificates/Cards and Cash
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Lockable file cabinet and binders/folders
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ROUND TWO!
DirectIndirectAllowableUnallowable
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Condoms and otherSex Toys
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PayPal Deposits
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Donations to
Churches
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Purchasing a car
Purchasing a car
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Cost to hirea driver
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New business clothes because the airline lost your suitcase and you only have shorts and flip flops
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Dog/Cat Food
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Baby sitting
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$ Tips for Baggage Handling
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Service Agreement for an electron microscope
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Batman Costume
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PassportVisa to travel to another countryVisa Application Fees Employment Types (H1B, TN, O) – Student/Scholarly Types (J, F)
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Document, Document, Document
• Standard Processes for Costing Decisions-Government Regulations-University Policy-University’s Disclosure Statement (DS2)
• Documentation Requirements• Reviewing and Monitoring
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QUESTIONS and Comments
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