Audit 292622

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: Basis of Accounting 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. Indirect Costs The Institute has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance, for the Institute does not have an approved indirect cost rate with the Department of State. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. The accompanying schedule of expenditures of federal awards (“the schedule”) includes the federal award activity of the Institute for International Law and Human Rights (“the Institute”) under programs of the federal government for the year ended May 31, 2023. The information in the 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 Institute’s operations, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Institute as of and for the year ended May 31, 2023.

Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Basis of Accounting 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. Indirect Costs The Institute has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance, for the Institute does not have an approved indirect cost rate with the Department of State. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. Basis of Accounting 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. Indirect Costs The Institute has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance, for the Institute does not have an approved indirect cost rate with the Department of State.

Title: NOTE 3 - SUBRECIPIENT AWARDS Accounting Policies: Basis of Accounting 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. Indirect Costs The Institute has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance, for the Institute does not have an approved indirect cost rate with the Department of State. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. See the Notes to the SEFA for chart/table.