Take the mystery out of this confusing subject. Put some rational sense in.
This publication not only shows you how, but how to enhance your profit margin
as well. Allocating overhead and indirect costs is one of the hottest financial
issues today. It is also
one of the most misunderstood subjects.
In this pioneering new publication:
- LERN deals head on with a subject area that is often arbitrary, vague, and
- We debunk some common myths about overhead and indirect costs.
- Then we give you clear, rationale concepts and a process for giving your
organization hard numbers that actually make sense.
- Plus, we demonstrate how the right approach to allocating overhead and indirect
costs can help you and your financial decision makers enhance your profitability.
After utilizing LERN's new publication, How to Allocate Overhead and Indirect
Costs, you will be able to correctly measure and allocate overhead and indirect
costs for your organization. You will have the information to communicate better
with central administrators in determining overhead allocations.
- Be able to assign profit margins to your activities cover indirect costs.
- Know whether your institutional overhead is a true cost, or a contribution
(profit) for your institution.
- Get guidelines so you can allocate overhead for your organization, and also
be able to retain the flexibility and judgment you need as financial decision
- Know how much money your organization is making.
- Acquire new information tools with which to better discuss overhead with
your central administrators.
- Have some hard numbers and clear concepts with which to communicate to staff
about overhead and indirect costs.
- And much more...
Part I. The Issue of Overhead -Your program.
What overhead is. Program overhead. Institutional overhead. Why allocate overhead.
Part II. Measuring Financial Performance
What financial self sufficiency means. How to measure your profit margin. The
only financial format to use
Part III. Program Overhead -Assigning program overhead. Assigning overhead
to individual activities. Calculating overhead. Calculating staff time. Wrong
ways to assign overhead. Look at divisions
Part IV. Institutional Overhead -Cost or contribution?
Assigning institutional overhead. When institutional overhead is justified.
Communicating with central administrators. Institutional overhead in higher
education. Institutional overhead in associations. Institutional overhead in
public schools. Institutional overhead in recreation.