Audit 309838

Title: Describe the significant accounting policies used in preparing the SEFA. (2 CFR 200.510(b)(6)) Accounting Policies: Expenditures reported on the Schedule 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 to reimbursement. Pass-through grantor indentifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: Hinds County Human Resource Agency, Inc. utiliizes a final indirect cost rate as described by 2 CFR Part 200, Appendix IV. Expenditures reported on the Schedule 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 to reimbursement. Pass-through grantor indentifying numbers are presented where available.

Title: Did the auditee use the de minimis cost rate? (2 CFR 200.414(f)) Accounting Policies: Expenditures reported on the Schedule 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 to reimbursement. Pass-through grantor indentifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: Hinds County Human Resource Agency, Inc. utiliizes a final indirect cost rate as described by 2 CFR Part 200, Appendix IV. Hinds County Human Resource Agency, Inc. utiliizes a final indirect cost rate as described by 2 CFR Part 200, Appendix IV.