2. Time and Effort Reporting. Presented by:Paula WilliamsPrincipal ConsultantIllinois State Board of EducationExternal Assurance Division(217) [email protected] 3. Topics of Interest. Time and Effort ReportingWhat is it?Why is it necessary?Who must complete it?How must it be done?When must it be done?Systems, Certifications and ComponentsExample of a Time and Effort Reporting SystemDirect CostsIndirect Costs / Indirect Cost Rate Cost Allocation PlansSummary.
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