Customer Rating: Summary: A quick overview, but not actionable information Comment: This is a nice quick read, but you are quickly left needing a much better book to actually develop an indirect cost accounting structure. I'm off looking for that now... Customer Rating: Summary: A waste of time Comment: It is difficult to know who the intended audience is for this slim volume. It may be useful for professional finance and accounting people who need an overview of government jargon and acronyms in preparation for an audit. But for anyone else, who needs either an executive overview of the financial aspects of grants administration or assistance in preparing and managing budgets, the book is almost useless. It lacks any type of conceptual, contextual overview and is devoid of specific examples.
SBIR Basics - The Numbers (Accounting, Costs, Rates, Audits, and More) Lea A. Strickland, MBA CMA CFM CBM This book is for the SBIR recipient. It contains the building blocks of the concepts for accounting, financial and administrative requirements that are associated with federal funding. The information is basic and to the point. Key areas covered include: ¾ accounting systems ¾ budgets ¾ audits ¾ direct costs ¾ indirect costs ¾ indirect rate calculations ¾ indirect cost proposals ¾ program income ¾ and more! Understand the requirements and enable your business to get maximum impact from every dollar of funding received!