Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.

In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

Learn how outlay costs impact business decisions, differentiate between outlay and opportunity costs, and understand cash vs.

Funding direct costs supports the expenses that can be specifically identified with a particular project such as researchers, supplies and travel. Funding indirect costs supports the critical ...

Indirect costs, also known as facilities and administrative (F&A) costs or overhead, are expenses incurred by an organization in support of its overall operations that cannot be easily attributed to a ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Direct contracting in employee benefits has become a much ...

One reason that safety initiatives can struggle to achieve sufficient support is that those of us responsible for safety in our organizations haven’t consistently conveyed the total injury costs to ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

What are cost transfers and why do we monitor them so closely? A Cost Transfer is the transfer of an expenditure, or cost, that initially posted to one project or account and is then transferred to ...