Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc. under programs of the federal
government for the year ended June 30, 2023. 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 Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc., it is not intended to and does not present the financial position, change in net assets or cash flows of Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc.
Title: Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Area Resources for Individualized Services, Inc. d/b/a ARIS Solutions, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.