Notes to SEFA
Title: General
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received directly from federal or state agencies, as well as federal financial assistance passed
through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance.
Title: Basis of Accounting
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
Title: Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
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 amounts reported in the Association’s basic financial statements.
Title: Relationship to Federal and State Financial Reports
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
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.
Title: Other
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Matching contributions expended by the Association in accordance with terms of the various grants are not reported in the accompanying schedule.
Title: Loans
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Association had no year-end loan balances for Reimbursement Loans, Loan Advances and Revolving Loans.
Title: Cost Rate
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance present the activity of all federal financial assistance programs of New Jersey Health Officers Association. The Association is defined in the Notes to the Association’s basic financial statements. All federal awards and state financial assistance received
directly from federal or state agencies, as well as federal financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. The accompanying schedule of expenditures of awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedules include indirect costs that were claimed for reimbursement using a Cost Rate Proposal approved by the grantor or pass-through entity.