Notes to SEFA
Title: 1
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: CIIS has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Basis of Presentation - The accompanying schedule of expenditures of federal awards includes the federal award activity for YE June 30, 2023. Because the Schedule presents only a selected portion of the operations of CIIS, it is not intended to and does not present the financial position, changes in assets or cash flows of CIIS.
Title: 2
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: CIIS has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Summary of Significant 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 limited as to reimbursement.
Title: 3
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: CIIS has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Indirect Cost Rate - CIIS has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: 4
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: CIIS has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Relationship to Federal Financial Reports - Amounts reported in the Schedule agree in all material respects with the amounts reported in the related federal financial reports.