Audit 17610

Accounting Policies: Notes 1- Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantaward activity of Morton Comprehensive Health Services, Inc. under programs of the federal governmentfor the year ended March 31, 2022. The information in this Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedulepresents only a selected portion of the operations of Morton Comprehensive Health Services, Inc., it isnot intended to and does not present the financial position, results of operations, changes in net assets orcash flows of Morton Comprehensive Health Services, Inc.Note 2 Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. Negative amountsshown on the Schedule represent adjustments or credits made in the normal course of business toamounts reported as expenditures in prior years. Morton Comprehensive Health Services, Inc. haselected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.Note 3 Federal Loan ProgramsMorton Comprehensive Health Services, Inc. did not have any federal loan programs during the yearended March 31, 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.