In general, compensated absences are to accrued in the period in which they are earned rather than when they are paid. In order for accrued leave to be an allowable cost, the personnel policies of the organization must comply with the Financial Standard Number 43. A. Bid and proposal costs represent the salaries, consultant fees, pricing, postage, travel, etc. An organization should treat bid and proposal expenses as allowable indirect costs subject to any limitations imposed by the Cognizant Federal agency. Fund raising cost represent the salaries, consultant fees, printing, postage, travel, etc. for associated with an organization's requests for private institutions or individuals for donation of funds for non-specific purposes.
Fund raising costs are unallowable for Federal reimbursement purposes.
Accordingly, fund raising costs are to be included in the distribution base used to compute an organization's indirect cost rate. A. A-133 allows audit costs to be recovered as either direct or indirect costs in accordance with applicable cost principles. However, there is no special appropriation for audit costs. This direct cost is usually classified as supplies in the reporting of Federal grant expenditures and, if applicable, must be in compliance with any budget limitations. Accordingly, this equipment can be appropriately charged to Federal grants either as direct or indirect cost, on the basis of depreciation or a use allowance as specified in A-122.