Get Cost Accounting Disclosure Statement - Office Of Research ...

Filling out the Cost Accounting Disclosure Statement is essential for educational institutions to comply with federal regulations regarding cost accounting practices. This guide will provide clear, step-by-step instructions on how to complete the form efficiently online.

Follow the steps to complete your disclosure statement online.

1. Press the ‘Get Form’ button to access the form and open it in your online editor.
2. Begin by filling in the cover sheet section, which includes the name of the educational institution, contact information, and the statement type (original or amended). Ensure all required fields are filled out accurately.
3. Proceed to Part I, which asks for general information about the institution. Provide the necessary descriptions of the cost accounting system and its methods for recording expenses under federally sponsored agreements.
4. In Part II, outline the direct costs associated with federally sponsored agreements. Indicate the criteria for determining direct versus indirect costs and list all relevant direct materials and personal services.
5. Part III requires details on indirect costs. Describe how these costs are accumulated and allocated, specifying the methods used, and ensure you adhere to all required coding.
6. Continue to Part IV to report on depreciation and use allowances. Be sure to articulate how depreciation methods are applied to the various asset categories.
7. Follow with Part V, which covers other costs and credits. Describe how applicable credits are handled with respect to both direct and indirect costs.
8. In Part VI, indicate the measurement and assignment of costs for employee pensions and insurance, clarifying which costs are charged to federally sponsored agreements.
9. Finally, complete Part VII if applicable, detailing how costs from a central or group office are accumulated and allocated to various segments.
10. After filling out all required sections, carefully review your entries, save the changes, and prepare to download, print, or share the completed form as necessary.

Complete your disclosure statement online to ensure compliance with federal regulations.