eepmc
commented
5 years ago This could be applied to multiple types of entities.
Open pdickson opened 5 years ago
eepmc
commented
5 years ago This could be applied to multiple types of entities.
Not sure what the intent of this code is; not sure there is any value in collection potential cost data instead of actual cost data. In addition, most depreciation is charged to Federal awards through the application of the indirect cost rate. This applies to all non-Federal entities, not just IHEs. Recommend creating separate codes for direct and indirect and rewording 334 as follows: A code denoting the asset category for assets whose depreciation is charged to Federally-sponsored agreements or similar cost objectives as a direct expense or as an indirect cost.