What are the differences between direct and indirect costs associated with federal grants and contracts? This episode, REDW National Tribal Practice Leader Wes Benally and Audit Senior Manager Mike Dierlam are providing answers to the top questions about indirect costs, like:
- What is an indirect cost rate?
- What is the negotiation process?
- What type of entities are eligible for the indirect cost?
- How long might it take to process indirect cost rates?
- How are indirect costs calculated?
- And more…
Tune in to catch valuable insights from REDW’s trusted advisors. We’d love to connect with you. Ask a question or start a conversation when you contact us.
REDW LLC is proud to bring you the Insight in Indian Country Podcast, covering important advisory, accounting, and finance topics that impact Tribal Nations and business affairs. Thanks for listening!
Meet Your Hosts:
Wesley Ryan Benally, CPA
Principal and National Tribal Practice Leader
As the leader of REDW’s National Tribal Practice, Wes is committed to improving financial literacy throughout Indian Country. He oversees audits of a wide range for Native American communities, state and local government agencies, and non-profits, nationwide and is a member of the Arizona State Board of Accountancy’s Peer Review Oversight Advisory Committee and serves as an instructor with Arizona State University’s American Indian Policy Institute.
Mike Dierlam, CPA
Audit Senior Manager, Audit & Assurance
Mike has a passion for serving tribal governments and enterprises and has spent more than 10 years serving tribes as an auditor and consultant. He is a dedicated manager of financial statement audits and Uniform Guidance audits for tribal governments and tribal enterprises. Mike holds a Master of Accounting & Financial Management and a Bachelor in Business Administration from the University of Alaska, Anchorage. He is an enrolled member of the Cherokee Nation.
Compensation Studies—Your Key to Hiring & Retaining Top Talent.
It’s important to attract—and retain—the best employees to ensure the long-term success and sustainability of your tribal organization. And given an exceptionally competitive labor market and the usual budget constraints, this means basing your employee compensation and benefits programs on relevant and reliable data.
More from Insight in Indian Country
- “It’s their country and you’ve got to respect that.” Leadership & Cultural Respect with Principal Chief Geoffrey Standing BearWes Benally sits down with Principal Chief Geoffrey Standing Bear of the Osage Nation for a profound conversation about leadership, cultural respect, and the journey that shaped one of Indian Country’s most experienced leaders.
- “Treating our patients as relatives.” Building Sage Memorial Hospital’s Future with Melinda WhiteSage Memorial Hospital’s journey from a four-room adobe building in 1911 to a state-of-the-art healthcare facility represents more than a century of serving the Ganado community. This episode, REDW National Tribal Practice Leader Wes Benally welcomes Melinda White, CEO…
- “It’s about meeting the needs of the community.” Strengthening Revenue Cycles in Tribal HealthcareFrom fixing data flow challenges and reducing denials by up to a third, to implementing culturally sensitive front-end operations and embracing industry best practices, Melissa’s insights offer a practical roadmap for Tribal healthcare organizations…
- “It’s fascinating and very rewarding, frankly.” How 105(l) Leases Are Transforming in Indian Country with Geoff StrommerWes Benally sits down with Geoff Strommer, partner at Hobbs Straus Dean Walker, to demystify this critical provision of the Indian Self-Determination Act.
- “People are keeping a close eye on HR in Indian Country.” Navigating Employee Voice & Cultural CompetencyWes Benally welcomes Taryn Reynolds, MSL, THRP II, and Jessica Goodfox, THRP, TMP, from REDW’s Human Resource Consulting team to discuss the heightened focus on HR accountability…
