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Podcast: Cherry Bekaert: Government Contractors Guidance
Episode: Indirect Rates – Monitoring and Best Practices in Calculating Your Rates: Part Two
Description: Listen to Eric Poppe, Senior Manager in Cherry Bekaert’s Government Contracting practice and Rich Wilkinson, Director of Product Marketing at Unanet discuss the importance of indirect rates. In part two we talk about monitoring indirect rates, why it is important, best practices in calculating indirect rates and why it is a great tool for project management.Monitor the rates:If your accounting system can calculate your rates, do it monthly at a minimum Don’t be alarmed when they fluctuate significantly early in the fiscal yearTrack the trends in the rates and p...