To increase the transparency and comparability of its financial information, the State Bar should limit significant changes in its indirect cost reporting.
Formal Board adoption of a cost allocation methodology was an important foundational step in limiting modification of that methodology and related reporting. At this time, no additional policies in this regard are contemplated.
In February 2016, the Board adopted an updated Cost Allocation Plan (CAP). This CAP clearly identifies all support cost centers, indirect cost pool and allocation bases which will limit any significant changes in future indirect cost allocation and reporting.
The State Bar plans to submit supporting documentation at its 6 month response.
Agency responses received are posted verbatim.