Title: NOTE 1. BASIS OF PRESENTATION
Accounting Policies: cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the AHA 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 the Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because the schedule presents only a
selected portion of the operations of the AHA, it is not intended to and does not present the financial position, changes in net position or cash flows of the AHA.
Title: NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on
the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
Title: NOTE 3. OUTSTANDING LOANS, SUBRECIPIENTS AND INDIRECT COSTS
Accounting Policies: cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The AHA did not select to use the de minimis 10% rate to recover indirect costs.
Title: NOTE 4. ASSISTANCE LISTING NUMBERS
Accounting Policies: cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The program titles and Assistance Listing Numbers were verified and/or confirmed at the US General Services Administration website https://sam.gov/
Title: NOTE 5. SUBRECIPIENTS
Accounting Policies: cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The AHA provided no federal awards to subrecipients during the year ended June 30, 2023