Audit 300911

Title: Basis of Presentation Accounting Policies: The accompanying Schedule of Expenditures of Federal and State Awards presents the expenditures of all federal and state awards programs of Planned Parenthood Southeastern Pennsylvania (the “Agency”) using the 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 financial statements. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the 10% de minimis indirect cost rate. The accompanying Schedule of Expenditures of Federal and State Awards presents the expenditures of all federal and state awards programs of Planned Parenthood Southeastern Pennsylvania (the “Agency”) using the 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 financial statements.