Audit 18806

FY End
2022-03-31
Total Expended
$2.43M
Findings
0
Programs
3
Year: 2022 Accepted: 2022-12-18
Auditor: Blue & CO LLC

Organization Exclusion Status:

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Contacts

Name Title Type
FWN7YD98KPK1 Sean Herbold Auditee
3176300848 Alan Parks Auditor
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Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. IPHCA has elected not to use the 10%de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards (SEFA) for the year ended March 31, 2022includes the federal grant activity of Indiana Primary Health Care Association, Inc. (IPHCA) and ispresented on the accrual basis of accounting. The information in the SEFA is presented in accordance withthe requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Thefinancial statement classifications may include other financial activity for reporting purposes. Therefore,some of the amounts presented in the SEFA may differ from amounts presented in, or used in thepreparation of, the financial statements.
Title: SUB-RECIPIENT PASS THROUGH Accounting Policies: Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. IPHCA has elected not to use the 10%de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. IPHCA did not pass through federal awards to sub-recipients during 2022.