CAS Guidelines - Cost Accounting Standards
- Classification of Cost Items 2021
Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to implement institutional decisions to consistently treat certain costs as indirect costs even though at any given time a particular transaction may otherwise legitimately appear to be a direct cost to a sponsored program.
- Costing/Charging Instruction for Sponsored Programs
- This instruction identifies specific items of costs that are either allowable or unallowable on sponsored accounts and specifies which allowable costs are treated as direct costs and which are treated as indirect costs. Exceptions to this Instruction must be approved in advance. Sponsored Program Services will coordinate requests for exceptions.