Notes to SEFA
Accounting Policies: 1. Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) includesthe grant activity of Berkshire Health Systems, Inc. (the Health System) and is presentedon the accrual basis of accounting. The information in the Schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200,Uniform Administrative Requirements, Cost Principles, and Audit Requirements forFederal Awards (Uniform Guidance). Therefore, some amounts presented in the Schedulemay differ from amounts presented in, or used in the preparation of, the basic consolidatedfinancial statements. The Health System has elected to use the 10% de minimis cost rate.2. Women, Infants, and Children (WIC) ProgramIn fiscal year 2022, the WIC Program issued $810,736 in vouchers to program participantsto be used at local grocery stores. These federal funds, which are not received directly bythe Health System, are included on the Schedule of Expenditures of Federal Awards.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.