Audit 292666

Title: NOTE 1 - Organization and Scope Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards includes all significant federally funded grant programs of the Center and has been prepared on the accrual basis of accounting. Accrued and Deferred Reimbursement Various reimbursement procedures are used for Federal awards received by the Center. Timing differences may occur between expenditures and reimbursements during a year. Accrued revenues at year-end represent an excess of expenditures over cash reimbursements received. Deferred revenues at year-end represent an excess of cash received over eligible program expenditures. Generally, accrued and deferred amounts caused by timing differences will be reversed in the subsequent year. Source code I - Indirect funding D - Direct Funding De Minimis Rate Used: N Rate Explanation: Did not use de minimis cost rate The Women’s Resource Center is a nonprofit corporation established to eliminate sexual assault abuse and domestic violence through advocacy, education, system change and empowering services to all survivors. The Center provides sexual assault and domestic violence intervention services 24 hours a day, emergency safe house services, transitional and rapid rehousing services, civil legal representation services and counseling to adult, teen, and child victims of domestic and sexual violence. The Center’s federally funded grants are audited in accordance with the Single Audit Act and OMB-Circular A-133.

Title: NOTE 2 - Summary of Significant Accounting Policies Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards includes all significant federally funded grant programs of the Center and has been prepared on the accrual basis of accounting. Accrued and Deferred Reimbursement Various reimbursement procedures are used for Federal awards received by the Center. Timing differences may occur between expenditures and reimbursements during a year. Accrued revenues at year-end represent an excess of expenditures over cash reimbursements received. Deferred revenues at year-end represent an excess of cash received over eligible program expenditures. Generally, accrued and deferred amounts caused by timing differences will be reversed in the subsequent year. Source code I - Indirect funding D - Direct Funding De Minimis Rate Used: N Rate Explanation: Did not use de minimis cost rate Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards includes all significant federally funded grant programs of the Center and has been prepared on the accrual basis of accounting. Accrued and Deferred Reimbursement Various reimbursement procedures are used for Federal awards received by the Center. Timing differences may occur between expenditures and reimbursements during a year. Accrued revenues at year-end represent an excess of expenditures over cash reimbursements received. Deferred revenues at year-end represent an excess of cash received over eligible program expenditures. Generally, accrued and deferred amounts caused by timing differences will be reversed in the subsequent year. Source code I - Indirect funding D - Direct Funding