Audit 293400

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 Uniform Guidance, where in certain types of expenditures are not allowable or are limited a store imbursement. De Minimis Rate Used: Y Rate Explanation: The auditee chose to use the allowed rate under 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 Uniform Guidance, where in certain types of expenditures are not allowable or are limited a store imbursement.

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 Uniform Guidance, where in certain types of expenditures are not allowable or are limited a store imbursement. De Minimis Rate Used: Y Rate Explanation: The auditee chose to use the allowed rate under Uniform Guidance The accompanying schedule of expenditures of federal awards (the"Schedule")includes the federal grant activity of Addiction Professionals of North Carolina, 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 (UniformGuidance). Because the Schedule presents only a selected portion of the operations of Addiction Professionals of North Carolina, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Addiction Professionals of North Carolina, Inc.