Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Southwest Louisiana AIDS Council
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
and is presented on the accrual basis of accounting. The information on this schedule is presented in accordance with the requirements
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
of Title 2 of U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
for Federal Awards (Uniform Guidance). Certain costs have been allocated to the federal program in accordance with OMB Circular A-122,
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
Cost Prinicples of Non-Profit Organizations. The amounts presented in this schedule do not differ from the amounts presented in, or used
Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance
in the preparation of the financial statements.