Description
This session 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. Participants will review several examples of indirect cost rate calculations and discuss strategies based on the certain construction industries. Discussion will center on multiple scenarios and how different rate calculations impact estimates, contracts, and the bottom line. We will also discuss considerations for why one contractor may choose to capture costs differently than another contractor.
Speaker(s):
- Diana
Strassmaier,
CPA, CCIFP,
Director, Architecture and Engineering Services,
Aldrich CPAs + Advisors LLP
