Audit 27946

Accounting Policies: NOTE 1 BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Omni Family Health (Omni) under programs of the federal government for the year ended March 31, 2022. Amounts reported on the Schedule for Federal Assistance Listing Number 93.498 - Coronavirus Aid, Relief, and Economic Security (CARES) Act - Coronavirus Supplemental Provider Relief Funds are based upon the June 30, 2021, Provider Relief Fund report. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Omni, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Omni. NOTE 2 BASIS OF ACCOUNTING Expenditures reported on the Schedule are reported on the accrual basis of accounting. For Assistance Listing (AL) number 93.498, (formerly CFDA numbers), the amount reported on the Schedule is based on the Period 1 Provider Relief Fund (PRF) report submitted to HRSA. Such expenditures are recognized following the cost principles contained in Title 2 U. S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the course of business to amounts reported as expenditures in prior years. NOTE 3 INDIRECT COST RATE Omni elected not to use the de minimis cost rate because it has a negotiated indirect cost rate in place. NOTE 4 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERALAWARDS TO FINANCIAL STATEMENTS Consistent with managements policy, federal awards and other grants are recorded in respective revenue categories. As result, the amount of total federal awards expended on the Schedule does not agree to total grant revenue on the Statement of Operations as presented in Omnis report on the audited financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. See note 3 to the SEFA.