Notes to SEFA
Title: Identifying Number Assigned Bypass-Through Entities
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate
The Uniform Guidance requires that the identifying number assigned bypass-through entities be included on the schedule of expenditures of federal awards. The pass-through entities do not assign an identifying number to their contracts with the Society. Therefore, there is no identifying number included on the schedule of expenditures of federal awards and nonfederal revenue.