June 15-17, 2020

F&A Long Form Training

Hosted by Huron

 

 

on

HURON GLOBAL HQ

550 W. Van Buren St.
C
hicago, IL 60607

ABOUT

 

Huron continues to monitor the developments of COVID-19. The health and well-being of our attendees, speakers and employees are our top priority. We will continue to provide updates on this webpage and will notify you directly of any changes to event programming that may impact your plans.

 

This course will be taught by experienced university specialists alongside Huron subject matter experts. Instructors will share their experience and knowledge about the process and how to calculate your institution's facilities and administrative rate.

The training will provide:

  • An overview of cost accounting per 2 CFR part 200 Uniform Guidance.
  • A deep dive into proposal preparation, rate negotiation and audit consideration.
  • Lectures and hands-on training to assist students in understanding the process.
  • Several event opportunities to network with colleagues.

Agenda

Day 1

Mon, Jun 15, 2020

8:00 am - 9:00 am
Registration, badge pickup and continental breakfast.
9:00 am - 9:45 am

Welcome and Introduction

9:45 am - 10:45 am
Learning objectives: Learn the history behind Facilities and Administrative Rates and the contents covered by 2 CFR, part 200 “Uniform Guidance”.
10:45 am - 11:00 am

Refreshment Break

11:00 am - 12:00 pm
Learning objectives: Construct a work plan for your next rate proposal.
12:00 pm - 1:00 pm

Lunch

1:00 pm - 1:45 pm
Learning objectives: Step through the rate calculation process with an emphasis on using costing principles to develop a rate proposal.
1:45 pm - 3:00 pm
Learning objectives: Focus will be on the importance of accurately identifying base costs as well as appropriately aligning cost sharing within your proposal.
3:00 pm - 3:15 pm

Refreshment Break

3:15 pm - 4:30 pm
Learning objectives: Understand how space is used as an allocation methodology, when to utilize these statistics, and strategies behind conducting a space survey.
4:30 pm - 5:00 pm
Learning objectives: Gain hands on experience navigating through a rate proposal.
5:00 pm - 7:00 pm

Welcome Reception

Day 2

Tue, Jun 16, 2020

7:30 am - 8:30 am

Continental Breakfast

8:30 am - 10:00 am
Learning objectives: Identify what types of depreciation and interest are allowable within the Rate Proposal. Learn about different allocation strategies which can be applied.
10:00 am - 10:15 am

Refreshment Break

10:15 am - 11:45 am
Learning objectives: Facility related cost pools typically drive the calculated rate. During this workshop you will learn to structure your cost pool into sub pools to more accurately allocate costs.
11:45 am - 1:00 pm

Lunch

1:00 pm - 1:45 pm
Learning objectives: Administrative cost pools are split up based on who they benefit. Learn which cost pool is appropriate for each type of administrative cost.
1:45 pm - 3:00 pm
Learning objectives: Departmental Administration uses the Direct Cost Equivalent methodology to determine Administrative costs which are embedded within your base costs. Learn the step by step method to identify these costs and reclassify them to Departmental Administration.
3:00 pm - 3:15 pm

Refreshment Break

3:15 pm - 4:30 pm
Learning objectives: Breakout into discussion groups to review the costing concepts which are most relevant for each institution.

Day 3

Wed, Jun 17, 2020

7:30 am - 8:30 am

Networking Breakfast

8:30 am - 10:30 am

Final Steps and Thoughts

10:30 am - 11:00 am

Break/Hotel Checkout

11:00 am - 12:00 pm

Questions and Answers

12:00 pm - 9:53 pm

Program Adjourns

Accommodations

We have a room block at the Kimpton Hotel Allegro at the rate of $269 per night (plus taxes and fees). Additional details regarding hotel accommodations will be provided during the registration process. If you have any questions, please contact us at huronevents@huronconsultinggroup.com.

TRAVEL INFORMATION

Directions to Kimpton Hotel

  • Train from Chicago O'Hare International Airport
    • Take the Blue Line to Clark and Lake.
    • Cross the street to Randolph and LaSalle.
    • About a 45-minute train ride at a $5 cost
  • Train from Midway International Airport
    • Take the Orange Line to the Wells and Washington stop.
    • The hotel is located one block north and one block east on Randolph and LaSalle.
    • About a 40-minute train ride at a cost of $3
  • Driving from O'Hare International Airport
    • Take I-90 East to Washington.
    • Turn left onto Washington.
    • Turn left onto LaSalle.
    • Turn left onto West Randolph. Go one block.
    • The Kimpton Hotel Allegro Chicago is on the south side of the street at 171 W. Randolph St.
  • Driving from Midway International Airport
    • Take Cicero Avenue north to I-55.
    • Take I-55 to the Lake Shore Drive exit.
    • Take Lake Shore Drive to West Randolph.
    • Turn left onto West Randolph. Go about seven blocks.
    • The Kimpton Hotel Allegro Chicago is on the south side of the street at 171 W. Randolph St.

Directions from Kimpton Hotel to Huron HQ

  • Train from Hotel Allegro to Huron HQ
    • Head east on West Randolph Street toward North LaSalle Street.
    • Turn right on North Dearborn Street.
    • Take the Blue Line toward Forest Park to the Clinton stop (four stops).
    • Head north on South Clinton Street toward West Tilden Street.
    • Huron HQ is on the corner of Clinton Street and Van Buren Street. (550 W. Van Buren St.)
  • Driving from Hotel Allegro to Huron HQ
    • Head west on West Randolph Street toward North Wells Street.
    • Turn left at the first cross street onto North Wells Street.
    • Turn right onto West Van Buren Street. Drive 0.4 miles. 
    • The destination will be on your right.
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HURON GLOBAL HQ

550 W. Van Buren St.
Chicago, IL 60607