Notes to SEFA
Title: Relationship to Federal Financial Reports
Accounting Policies: The accompanying Schedule of Expenditures on Federal Awards presents the activity of all federal awards received by the Cobb County Board of Health (Board). All federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included in this schedule.The accompanying Schedule of Expenditures on Federal Awards is presented using the modified accrual basis of accounting, which is described in Note 1C to the Board's financial statements. The schedule has been prepared in conformity with the accounting prescribed or permitted by Georgia Department of Public Health (DPH). Expenditures are recognized following the applicable cost principles contained in either Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) or the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, 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.
Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports.