Understanding Fixed vs. Variable Overhead Costs in Business

Discover the key differences between fixed and variable overhead costs and their impact on business operations. Learn how to ...

Absorption Costing in GAAP: A Comprehensive Overview

Discover how absorption costing is used in GAAP for external reporting. Learn its components and why it's essential for ...

Appeals court agrees that Congress blocked cuts to research costs

Overall, the decision is a clear win for research universities, with the threat of these funding cuts seeming increasingly ...
Law

Facing Increasing Overhead, Midsize Firms Embrace Rate Hikes, Expense Management

Overhead costs, ranging from attorney and staff salaries to technology costs and healthcare expenses, are continuing to increase year over year. Firm leaders are taking two approaches to address the ...
The Chronicle of Philanthropy

Grant Makers’ Simplistic Overhead Rates Shortchange Nonprofits, Report Says

The Ford Foundation works with thousands of nonprofits, each with different needs and structures. Yet its program grants pay for related indirect costs at a single rate — 20 percent of the grant. Such ...
Tennessean

Capping National Institutes of Health overhead costs benefits the taxpayer | Opinion

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 ...