Facilities and Administrative (F&A) Short Form

Facilities and Administrative (F&A) Short Form

This self-study course is for schools preparing the facilities and administrative (F&A) short form as prescribed in Office of Management and Budget (OMB) 2 CFR 200. This course provides an overview of relevant cost accounting standards and describes the F&A cost pools and rate calculation. 

Speakers

  • Mira Levine, manager, MAXIMUS higher education practice
  • Sue Menditto, senior director, accounting policy, NACUBO

Learning Objectives

After completing this course, you will be able to:

  • Understand OMB 2 CFR 200 guidance for the simplified method
  • Describe cost accounting standards
  • Identify unallowable costs
  • Develop facilities and administrative cost pools for rate calculation
  • Prepare facilities and administrative rate calculation
  • Develop strategies for rate proposal negotiation

Modules

  • Module 1: Overview & Guidance (52 minutes)
  • Module 2: Specific Considerations and Indirect Cost Pools (47 minutes)
  • Module 3: F&A Short Form Rate - Calculation and Proposal (44 minutes)

Content Development Support By:

Maximus

Last Updated: November 9, 2015

Key:

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Module 1: Overview and Guidance
Select the "Play Module 1" button to begin.  |  52 minutes
Select the "Play Module 1" button to begin.  |  52 minutes
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Module 2: Specific Considerations and Indirect Cost Pools
Select the "Play Module 2" button to begin.  |  47 minutes
Select the "Play Module 2" button to begin.  |  47 minutes
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Module 3: F&A Short Form Rate - Calculation and Proposal
Select the "Play Module 3" button to begin.  |  44 minutes
Select the "Play Module 3" button to begin.  |  44 minutes
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Certificate of Course Completion
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