Applying Your Indirect Cost Rate at Centers for Independent Living on March 22, 2017

Your CIL has an approved indirect cost rate from the US Department of Health & Human Services. Great. Now what? Join us to learn how to apply and use your indirect cost rate. Our presenters will walk you through how to prepare drawdowns and vouchers, how to monitor your rate through the year, and how to resolve variations in actual expenses. If implementing the rate has been difficult, or if you initially elected the de minimis 10% rate and that now seems inadequate, this call is perfect for you. If your center has an Indirect Cost Rate or plans to have one in the future, this is for you. Participants should have a general familiarity with indirect cost rate proposals, or have participated in the webinar on Preparing for Your Indirect Cost Rate Proposal, or have reviewed the archived copy of that webinar. Who to Bring: A member of your management team and your accountant. Upon completion of this webinar, participants will know: • How to prepare drawdowns and vouchers using your indirect cost rate. • What documentation you should have for drawdowns and vouchers. • How to determine whether you are on target with your indirect cost rate and what to do if you are not. • What will happen if your provisional indirect rate is too low or too high. • How to simplify annual indirect cost rate reporting. • If you elected the 10% de minimis rate, how will that affect you.