Notes to SEFA
Accounting Policies: The expenditures included in the accompanying schedule were reported on the accrual basis of accounting which is described in Note 1 to the California Family Life Center's financial statements. Under the accrual basis of accounting, expenditures are recognized when incurred. Expenditures reported included any property or equipment acquisitions incurred under the federal programs.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.