Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grantactivities of Pocono Services for Families and Children, Incorporated (PSFC). Theschedule has been presented in accordance with the requirements of the UniformGuidance. Because the schedule presents only a selected portion of the operations ofPSFC, it is not intended to and does not present the financial position, changes in netassets or cash flows of PSFC. Expenditures reported on the schedule are reported on the accrual basis of accounting inaccordance with accounting principles generally accepted in the United States of America.Such expenditures are recognized following the cost principles contained in the UniformGuidance wherein certain types of expenditures are not allowable or are limited as toreimbursement. There were no subrecipients of federal awards in fiscal year 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.