Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting - see note.
De Minimis Rate Used: N
Rate Explanation: This audit did not require it use.
The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity for the year ended September 30, 2023 of The Day Care Connection, Inc. and is presented on 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.