Author(s)
Robert Biehl, CPA, CCIFP

Publisher:
AICPA

    Credit Info
  • NASBA Field of Study

  • Format

    On demand

  • Level

  • CPE Credit

    0

  • Course acronym

  • Prerequisites

  • Course duration

    1 Hour and 15 minutes

Indirect Costs and Equipment Allocations Strategies/Considerations

This is a comprehensive video on indirect costs and equipment allocations and practical ways to account for these type of costs.
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Topics discussed

Learning objectives

Identify the importance of planning, forecasting and budgeting your costs
Recall the different types of costs — direct, indirect, equipment, selling and general and administrative — and how to account for each type under GAAP and FAR
Recognize how accurate estimating and job costing fit into the Construction circle
Recall the importance of knowing all your costs and developing meaningful indirect pools
Identify the importance of forecasting equipment costs to develop accurate estimating and costing
Recognize the practical way to account for equipment fleets

Who will it benefit?

Attendees should have a basic understanding of A&A, Tax and Industry Issues