Audit 295506

Title: Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Region 4 Behavioral Health System and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The reasoning for not electing the 10% de minimis indirect cost rate was that it was not proven to be as accurate of a calculation of the indirect costs as the current method utilized. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Region 4 Behavioral Health System and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of, the basic financial statements.

Title: Indirect Costs Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Region 4 Behavioral Health System and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The reasoning for not electing the 10% de minimis indirect cost rate was that it was not proven to be as accurate of a calculation of the indirect costs as the current method utilized. The Region did not elect to use the 10% de minimis indirect cost rate.