Learn how underapplied and overapplied overhead impact business budgeting and financial statements. Discover the causes, ...

A federal appeals court on Monday ruled that the National Institutes of Health cannot unilaterally cap the indirect-cost rate on its grants at 15 percent, continuing a freeze on the controversial ...

In the fast-paced business world, effectively managing overhead costs can significantly impact a company's bottom line. Businesses can build financial stability by employing strategic cost-cutting ...

Over the weekend, the National Institutes of Health announced that it would be cutting the rate at which it pays universities for overhead on federal research grants from an average of about 60% to 15 ...

"Our size constrains how comfortable we are raising our rates. I don't want to raise rates more than 4 or 5%, because our clients come to us because we offer something different than those big firms," ...

Overhead allocation is a source of great disagreement in our industry. Should the allocation be based on job price? On job cost? Per project? Or per field man-hour. We understand the pros and cons of ...

Late last Friday, Feb. 7, the National Institutes of Health (NIH) announced it was immediately capping overhead rates on all research grants at 15%. Because most research universities rely on overhead ...

The National Institutes of Health (NIH) issued guidance capping the “indirect costs” of all NIH grants at 15%. Universities such as Stanford, University of Pennsylvania, and Harvard have been ...

As a former corporate controller and senior vice president of operations, I have experienced both sides of allocated overhead. I have learned manufacturing executives have more control over costs ...