Follow the Funds: Understanding Cost Allocation

Grant accounting can be a tricky process that organizations have to learn to navigate. This session will focus on why cost allocation is important and how it can effectively be implemented in a not-for-profit organization. We will examine the new OMB regulations regarding cost allocation, indirect cost rates, and relevant 2 CFR guidance revisions. We will look at various indirect cost rate methods and what they mean for the organization. In addition, the concept of participant support will be explored. This session will give attendees resources to help them navigate the complex world of grant accounting.

This course is part of the 2025 Not-for-Profit Conference Bundle. Purchase the conference bundle here.