BNET Business Dictionary
Business Definition for: Indirect Cost
- a fixed or overhead cost that cannot be attributed directly to the production of a particular item and is incurred even when there is no output. Indirect costs may include the cost center functions of finance and accounting, information technology, administration, and personnel.
- See also Direct Cost
Additional Resources
- Indirect cost allocations and the incentive to report high program service expenditures in Form 990: an examination of donors' perceptions.
- ABSTRACT The Internet presence of Forms 990 has provided nonprofits with increased incentives to report high program service expenditures. Organizations can artificially inflate these expenditures by allocating large amounts of indirect costs to program services. An experiment investigating donors' perceptions regarding program services...
- Research articles 2003-02-01
- Uniform Audit & Accounting Guide for Audits of Transportation Consultants' Indirect Cost Rates
- The purpose of this paper is to provide a tool that can be used by individual state auditors, consulting firms and public accounting firms that perform audits of consulting firms. The primary focus of the paper is auditing and reporting on the indirect costs and resultant overhead rates of consultants...
- White papers 2001-03-01
- Waddell & Reed Financial, Inc. Q4 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. At this time we will begin the question and answer session. Operator Instructions. Our first question comes from Jeff Hopson with Stifel, Nicolaus. Please go ahead. Jeffrey Hopson – Stifel, Nicolaus & Co. Good morning. Two questions. With the Pictet situation do you expect ongoing...
- Earnings calls 2008-01-29
- USEC Inc. Q4 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions We will go first to Gabby Kalinsky - Goldman Sachs. Gabby Kalinsky - Goldman Sachs This is Gabby filling in for Albert Kabili. Just had a couple of quick questions. First you mentioned in the call that in September you...
- Earnings calls 2008-03-05
- Managing maverick spend: how a Web-based solution can keep indirect-materials spend in check.(Kennametal Inc. used purchasing software of Ketera Technologies)
- WE'VE ALL DONE IT. WE'VE bought indirect supplies without thinking about cost, let alone who is the best supplier. It seems harmless at first--a box of pens here, a shipment of work gloves there. The rationale: It's easier to buy ad-hoc and pay a 20% WE'VE...
- Research articles 2006-12-01
- MRO Symposium, Purchasing magazine's new online conference, provides buyers of indirect materials and services with a host of cost-saving ideas.(What's Hot)(maintenance, repair and operations)
- MRO Symposium, PURCHASING magazine's new online conference, provides buyers of indirect materials and services with a host of cost-saving ideas. In one session, Indirect Materials Sourcing: Benchmark the Best, Ryan Doerksen, manager, redirect materials and services and e-business, Cessna Aircraft Co., describes how he led a...
- Research articles 2003-11-20
- California Renewables Portfolio Standard Renewable Generation Integration Cost Analysis Phase III: Recommendations for Implementation
- The ultimate purpose of the CEC RPS Integration Cost Study is to develop and define the procedures needed for routine calculation of the indirect integration costs for eligible renewable generators. This report documents findings of the RPS Integration Cost Study and the methodologies for evaluating the integration costs of renewable...
- White papers 2004-07-01
- TCS adds distribution to its stable of industry cost indexes. (Thinking Cap Solutions)
- Researching supplier cost structures can be like putting together a jigsaw puzzle with no edge pieces and no picture. Each industry has a basic structure of costs for raw materials, electricity, direct labor, indirect,labor, inbound freight, Researching...
- Research articles 1997-10-09
- Disability's Indirect Costs on the Rise
- The indirect costs of disability continue to rise. Total average costs for overtime, replacement employees, and workstation/job accommodations stand at 8 percent of payroll, up from 6.7 percent of payroll last year, according to Watson Wyatt and the Washington Business Group on Health. This jump is due almost entirely to...
- Research articles 2000-01-01
- Ciba Streamlines Global Indirect Procurement Performance Through High Performance Procurement Transformation Program
- Ciba is a leading global chemicals company based in Basel, Switzerland. It provides chemical ingredients used to color, strengthen and protect plastics, paper, automobiles, buildings and more. Accenture helped Ciba transform certain categories of its indirect procurement procedures, achieving significant cost savings in the process. Ciba then asked Accenture to...
- Case studies 2008-12-17
- Calculating the Cost of Goods Sold
- For manufacturers, "cost of goods sold" COGS is the cost of buying raw materials and manufacturing finished products. For retailers, it's the cost of obtaining or buying the products sold to customers. If the company is in a service industry, COGS is the cost of the service it offers.COGS can...
- Articles 2007-03-15
- Unit Corporation Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Marshall Adkins, your line is open. Marshall Adkins – Raymond James Good morning guys. Could you give me just some insight on where you see the rig count going, you mentioned I think I heard 55 working...
- Earnings calls 2009-02-24
- Century Aluminium Q2 2009 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions. Our first question comes from the line of Kuni Chen with Bank of America Securities. Please go ahead. Kuni Chen - Bank of America Securities Hi good afternoon everybody. Logan Kruger Hi, Kuni. Kuni Chen - Bank of America Securities A couple of questions here....
- Earnings calls 2009-07-24
- $36.4 Billion a Year: Cost of HIV/Aids Highlights Racial and Ethnic disparities.
- Byline: Emory Medical Center ATLANTA,Sept. 22 AScribe Newswire -- The economic cost of HIV/ AIDS is far greater than previously estimated, and the cost is even higher for minorities, according to a new study that estimated the direct and indirect costs of the disease....
- Research articles 2006-09-22
- Success Factors For Building Profitable Indirect Sales Channels
- This article discusses success factors for building profitable indirect sales channels. Some of the ways of doing it are expanding market reach, increasing mind share with customers and cost effective sales channel. In addition, building a channel can be done through following ways: identifying corporate goals, best positioned for target...
- Presentations 2003-05-12
- Synthetic Fuel Production by Indirect Coal Liquefaction
- This paper reports detailed process designs and cost assessments for production of clean liquid fuels methanol and dimethyl ether by indirect coal liquefaction ICL. Gasification of coal produces a synthesis gas that can be converted to liquid fuel by synthesis over appropriate catalysts. Recycling of unconverted synthesis gas back to...
- White papers 2003-12-01
- Indirect Procurement Outsourcing - Why, How and When
- Indirect procurement outsourcing is a hot topic in corporate America. Companies have realized that the procurement initiatives of the 90s and early 2000s did not deliver the level of cost competitiveness promised, so they have begun to look at outsourcing to deliver on those promises. Over the last 10-15 years,...
- White papers 2004-11-15
- Fire to cost $357 million.(ERJ newsbriefs)(fire at Bridgestone Corp.'s Tochigi tire plant)(Brief Article)
- Bridgestone Corp. estimates the direct and indirect costs of the 8-9 Sept fire that destroyed the rubber mixing area at its Tochigi tyre plant, at $357 million. The losses will result in a $45-million, or 3.4-percent. drop in 2003 operating income, a Bridgestone Corp. estimates the...
- Research articles 2003-11-01
- Thai Firms Move toward Indirect Advertising Strategies.
- By Bamrung Amnatcharoenrit, Bangkok Post, Thailand Knight Ridder/Tribune Business News Jan. 8--Companies have shifted nearly half of their normal advertising budgets to "below-the-line" activities, as many find indirect advertising strategies cost-effective in bringing about the desired results. The...
- Research articles 2004-01-08
- Biopharmaceutical firm leveragese-procurement for indirect savings.
- By Maria Varmazis Danish firm Novozymes uses online tools to streamline its increasingly global sourcing activities. Competing in the global biological and pharmaceutical market requires shrewd cost control and strategic sourcing across all areas of ...
- Research articles 2006-10-05
