Audit 26698

FY End
2022-06-30
Total Expended
$8.68M
Findings
0
Programs
22
Organization: Swain County Board of Education (NC)
Year: 2022 Accepted: 2023-02-15

Organization Exclusion Status:

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Contacts

Name Title Type
KAA7Z3XXVP35 Stephanie Treadway Auditee
8284883129 Robert Brown Auditor
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Notes to SEFA

Accounting Policies: Expenditures reported in the SEPSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Swain County Schools has elected not to use the 10-percent de minimis cost rate as allowed under the Uniform Guidance.