The new model comes as universities brace for a proposed 15-percent limit on indirect costs that would cost them billions of ...

Key Takeaways In cost accounting, every cost needs to be identified and assigned to a specific cause. Costs are direct, indirect, fixed, variable, and semi-variable.

Understanding the difference between direct costs and indirect costs is crucial for anyone running a business. This knowledge helps in accurately tracking expenses, setting prices, and maximizing tax ...

Discover how cost accounting treats overhead expenses, how those expenses are different from direct labor, and what counts as overhead.

National Institutes of Health slashed overhead costs allowed under its grants to match private foundations, but the two don't account for expenses in the same way.

Ten groups representing universities, medical centers, and others have wrapped up an alternative to the Trump administration's plan to cut billions of dollars in research overhead payments.

Knowing the difference between direct and indirect costs is important for pricing, taxes, and financial health. See how these expenses differ and why it matters.

Accounting for indirect costs is a tricky business. But why is there such alarm over what sounds like a bookkeeping matter? A Bad Look? Because it is not about bookkeeping.

The National Institutes of Health announced major reductions to indirect costs for research funding Feb. 7 in a move many experts say would cause serious harm to lifesaving medical ...

The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.

The NIH’s decision late Friday to drastically shrink its reimbursement of indirect costs, which help pay for facilities, equipment, and staff to support grants, will have an immediate impact on ...