Notes to SEFA
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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business to amounts reported in prior years.
De Minimis Rate Used: N
Rate Explanation: IntraHealth negotiates and utilizes an indirect cost rate with the federal government and therefore does not utilize the 10% de minimis cost rate option under Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal expenditures of lntraHealth International, Inc. (IntraHealth) under programs of the federal government for the year ended June 30, 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 operations of lntraHealth, it is not intended to and does not present the financial position, changes in net assets or cash flows of lntraHealth.
Amounts provided to subrecipients shown separately on the schedule of expenditures of federal awards are also a component of the federal expenditures presented.
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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business to amounts reported in prior years.
De Minimis Rate Used: N
Rate Explanation: IntraHealth negotiates and utilizes an indirect cost rate with the federal government and therefore does not utilize the 10% de minimis cost rate option 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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business to amounts reported in prior years.
Title: Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business to amounts reported in prior years.
De Minimis Rate Used: N
Rate Explanation: IntraHealth negotiates and utilizes an indirect cost rate with the federal government and therefore does not utilize the 10% de minimis cost rate option under Uniform Guidance.
IntraHealth negotiates and utilizes an indirect cost rate with the federal government and therefore does not utilize the 10% de minimis cost rate option under Uniform Guidance.
Title: Reconciliation of Financial Statements to the Schedule of Expenditures of Federal Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business to amounts reported in prior years.
De Minimis Rate Used: N
Rate Explanation: IntraHealth negotiates and utilizes an indirect cost rate with the federal government and therefore does not utilize the 10% de minimis cost rate option under Uniform Guidance.
N/A