The purpose of this policy is to identify the principles used to determine whether costs incurred at Western Michigan University are allowable or unallowable as direct costs or as facilities and ...

After years of tactical cost-cutting, many organizations now face the challenge of continuous IT cost optimization after the realization that optimization practices are never finished, according to ...

Benchmarks are critical to decision-making. Benchmarks provide the bright line that help decision-makers evaluate performance. The speed limit on a road provides a benchmark for evaluating driving ...

The concepts of allowability, allocability, and reasonableness of costs address directly the legitimacy of a cost charged against a specific sponsored research award. Determination of allowability, ...

Any small business that publishes financial statements must prepare those statements in accordance with generally accepted accounting principles, or GAAP. GAAP includes accounting principles and ...

The FAR cost principles and their DAR and ASPR predecessors have long provided that “materials, supplies, and services” can be transferred between “divisions, subdivisions, subsidiaries, or affiliates ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. I was meeting with a good friend who happens to own a well-known franchise to discuss some ...

New Delhi, Sep 17 (PTI) The Supreme Court on Friday adopted a principle of 'costs following cause' which is being followed in many countries but with hesitancy in India and imposed costs on two ...

MANILA, Philippines - On the first day my leadership classes at UP, Ateneo, or DLSU, I start by writing this statement on the board, and asking students to memorize it. I tell them this would be the ...

The FAR cost principles and their DAR and ASPR predecessors have long provided that “materials, supplies, and services” can be transferred between “divisions, subdivisions, subsidiaries, or affiliates ...