The SUHF-model a full costing method (The Association of Swedish Higher Education) What is full costing and why is it important?
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1 The SUHF-model a full costing method (The Association of Swedish Higher Education) What is full costing and why is it important? Olle Häggbom 1
2 There are no free lunches somebody always has to pay the bill ( in a visible or invisible way) Olle Häggbom 2
3 What is full costing? For an activity (project, cost unit) the full cost both direct and indirect costs should be shown Olle Häggbom 3
4 Direct cost: directy related to the cost unit Indirect cost: common for several or all cost units Olle Häggbom 4
5 Direct cost: You Get What You Pay For directy related to the cost unit Indirect cost: Real Costs of Doing Business joint for several or all cost units Olle Häggbom 5
6 Benefits of full costing 1. More activity based accounting 2. Efficient allocation of internal resources 3. Supports strategical management decisions 4. Benchmarking possibilities 5. A better base for negotiations and pricing decisions 6. Transparency -better understanding and trust Olle Häggbom 6
7 It s also important with full costing at the universities, because it givs us information about the total cost for an activity and what we have to finance in one or another way. Olle Häggbom 7
8 Research funding? SEK 31,7 billion % 3% 0% Direct government funding Government research funding bodies and other public funding 4% 47% EU Private funding, swedish 30% Private funding, foreign Financial income Olle Häggbom 8
9 Who pays the rest of the bill? What others doesn t pay is mainly covered by government funding SEK 31,7 billion 3% 0% Direct government funding 4% 16% 47% Government research funding bodies and other public funding EU Private funding, swedish 30% Private funding, foreign Financial income Olle Häggbom 9
10 Swedish government guidelines Finance indirect costs in the same proportion as for direct costs! i.e. proportional financing of total costs in accordance with the SUHF-model Olle Häggbom 10
11 SUHF-model An accounting model for indirect costs which shows the full cost of education and of research at Higher Education institutions in Sweden. The SUHF-model is implemented at all swedish HE-institutions. Olle Häggbom 11
12 core operations support activities Direct costs Indirect costs Staff Operations Premises Depreciations University level Faculty level Department level Total costs (cost unit) = Direct costs + Indirect cost Olle Häggbom 12
13 Indirect costs support activities Management* Education- or research support* Accounting- and HR* Infrastructure and service* Library* Others* Indirect cost are carefully divided between and allocated to education or research * incl. premises Olle Häggbom 13
14 Indirect costs are allocated to research-projects and cost units as calculated markups On direct salaries costs (+40-50%) or On direct salaries and operating costs (+30-40%) (allocation bases, cost drivers) Olle Häggbom 14
15 Project calculation Salaries Operation Premises +Depreciation = direct costs + indirect costs rate % x direct costs = total costs Olle Häggbom 15
16 Some funders finance the total cost Olle Häggbom 16
17 Some funders don t cover the total cost Sorry, we can t accept the money Yes, thank You, but then we have to share the costs Olle Häggbom 17
18 Cost sharing (co-funding) Cost sharing = Underfinancing Is mostly financed by government funding = less room for free research. Olle Häggbom 18
19 core operations support activities Direct costs Indirect costs Staff Operations Premises Depreciations University level Faculty level Department level Total costs (cost unit) = Direct costs + Indirect cost External funding Co-funding Olle Häggbom 19
20 The important thing is that the funders agreed on the principles of full costing (that all direct and indirect costs are included). It is another thing to what extent these full costs are financed. Olle Häggbom 20
21 proportion - indirect costs 100% Research % 80% 70% Share indirect costs 60% 50% 40% 30% 20% 10% 0% UmU KI HH CTH HHS UU LU HS LTU GU HD SLU MAH KTH LiU LNU MiU SU ÖU BTH MdH HB HiG OH SH KaU HV HJ KF DCH SDH KMH HG GIH HKr KKH SUHF-statistiken 2012/Ann-Kristin Mattsson/
22 proportion - indirect costs 100% education % 80% 70% Share indirect costs 60% 50% 40% 30% 20% 10% 0% KKH KI SDH LTU HD HG HHS UmU SLU OH SU SH HKr CTH LU KaU UU GU MdH HB ÖU HS MiU LNU KF HiG LiU BTH KMH HH KTH DCH HJ MAH HV GIH SUHF-statistiken 2012/Ann-Kristin Mattsson/
23 proportion - indirect costs (>100 mnkr research) 35,0% 30,0% 25,0% Share indirect costs 20,0% 15,0% 10,0% 5,0% 0,0% research tkr Olle Häggbom 23
24 Benefits of full costing 1. More activity based accounting 2. Efficient allocation of internal resources 3. Supports strategical management decisions 4. Benchmarking possibilities 5. A better base for negotiations and pricing decisions 6. Transparency -better understanding and trust Olle Häggbom 24
25 Financially Sustainable Universities Towards full costing in European universities 14 european countries
26 EUA Underfinancing is a general problem Full costing is important to show the total costs Most developed: Great Britan, Ireland, Finland, Sweden, Netherlands, USA, Australia, Canada. Olle Häggbom 26
27 EUA Obstacles to full costing Internal Resistance against change, New Public Management (NPM) Concerns over time-accounting Lack of support from the management External To less autonomy Lack of trust from funders No financial support for implementing full costing
28 EUA Success factors 1. Coordinated approach 2. Enough autonomy 3. Financial support for development and implementation 4. Funders have rules that support full cost accouting 5. Education and staff training 6. Management committment and effective internal and external communication 7. Administrative staff communicate effectively with academic staff
29 With full costing we will all be happy Olle Häggbom 29
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