Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: Note 1- Basis of Presentation:The accompanying schedule of expenditures of federal awards (the "schedule") includes the federal award activity of New England State Police Information Network, Inc. (the Organization) 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 the Organization's grant through the U.S. Department of Justice and is in the format in compliance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requuirements, Cost Principles and Audit requirements, ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of the Organization it is not intended to and it does not present the financial position, changes in net asses or cash flows of the Organization. Note 2 - Summary of accounting policies: Expenditures reported on the schedue are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain type of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate. All expenditures of the RISS program are considered direct costs, therefore, indirect cost rates are not applicable.
Note 1- Basis of Presentation:The accompanying schedule of expenditures of federal awards (the "schedule") includes the federal award activity of New England State Police Information Network, Inc. (the Organization) 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 the Organization's grant through the U.S. Department of Justice and is in the format in compliance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requuirements, Cost Principles and Audit requirements, ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of the Organization it is not intended to and it does not present the financial position, changes in net asses or cash flows of the Organization.
Title: Note 2 - Summary of Signficant Accounting Policies
Accounting Policies: Note 1- Basis of Presentation:The accompanying schedule of expenditures of federal awards (the "schedule") includes the federal award activity of New England State Police Information Network, Inc. (the Organization) 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 the Organization's grant through the U.S. Department of Justice and is in the format in compliance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requuirements, Cost Principles and Audit requirements, ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of the Organization it is not intended to and it does not present the financial position, changes in net asses or cash flows of the Organization. Note 2 - Summary of accounting policies: Expenditures reported on the schedue are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain type of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate. All expenditures of the RISS program are considered direct costs, therefore, indirect cost rates are not applicable.
Note 2 - Summary of accounting policies: Expenditures reported on the schedue are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain type of expenditures are not allowable or are limited as to reimbursement.