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Indirect Cost Allocation in Construction - On Demand

$161.00
General Member Price: $121.00

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Understand indirect costs, how they are captured in the accounting system, and various methods of calculating indirect cost rates with this convenient interactive self-paced course. You’ll review several examples of indirect cost rate calculations and discover cost allocation strategies based on specific construction industry best practices. 
The course will focus on multiple scenarios and how different rate calculations impact estimates, contracts, and the bottom line, as well as covering why one contractor may choose to capture costs differently than another.

Learning Objectives

After 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.

Prerequisites

This is an on-demand program at the Basic Level. No prerequisites or advanced preparation required.

CPE Credits

2.0 CPE credits

CPE/CCIFP Information

Earn 2.0 Professional Development credits toward the Construction Requirement.

Course Length

The estimated time to complete the course is approximately 102 minutes, depending on the pace of the learner.

Who Should Attend:

Business Owners
CFOs
Contractors
Controllers
CPAs
Professional Advisors
Risk Managers
Subcontractors

Field of Study:

Accounting