Tuesday, December 18, 2018 1:30 PM - 3:00 PM (Eastern Time (US & Canada))
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This online class carries 1.5 PDHs (Professional Development Hours).
Curriculum Track: Finance/Quality Management
Member Organization: National Events
Faculty: Wayne Owens and Brad Wilson, T Wayne Owens and Associates
It's basic accounting: the higher your FAR overhead rate, the higher your revenue. But because ownership transition time and funding aren't allowable, you have no choice but to take a hit on your overhead rate, revenue, and bottom line profit.
Right? Actually, not so fast.
There's a way to make these costs allowable and raise your overhead rate. The key is planning early enough to get the benefits.
Join Wayne Owens and Brad Wilson to review the internal transition process and its usual funding mechanisms. You'll also identify which of these funding options may increase FAR overhead rate when the time comes to transition.
ACEC Members: $229