Notes to SEFA
Title: Scope of Audit Pursuant ot the Uniform Guidance
Accounting Policies: The accompanyign Schedule of Expenditures of Federal Awards includes all Federal grants of the Agency which had financial activity during fiscal year 2023. This schedule has been prepared in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
All Federal assistance programs operated by the Eastern Shore Area Agency on Aging/Community Action Agency are included in the scope of the Uniform Guidance audit. The single audit was conducted in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The Department of Health and Human Services has been designated as cognizant audit agency for the Uniform Guidance audit.
Title: Fiscal Period Audited
Accounting Policies: The accompanyign Schedule of Expenditures of Federal Awards includes all Federal grants of the Agency which had financial activity during fiscal year 2023. This schedule has been prepared in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Single audit testing procedures were performed for program transactions occurring during the fiscal year end September 30, 2023.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanyign Schedule of Expenditures of Federal Awards includes all Federal grants of the Agency which had financial activity during fiscal year 2023. This schedule has been prepared in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants of the Agency which had financial activity during fiscal year 2023. This schedule has been prepared in accordance with generally accepted accounting principles. The Agency has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Reconciliation of Federal Awards
Accounting Policies: The accompanyign Schedule of Expenditures of Federal Awards includes all Federal grants of the Agency which had financial activity during fiscal year 2023. This schedule has been prepared in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
See the Notes to the SEFA for chart/table