Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of awards includes the grant activities of Jewish Community Services of South Florida, Inc. and Affiliate (the "Organization") and is presented on the accrual basis of accounting. Federal awards expenditures are recognized following 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. The amounts reported in the accompanying schedule as expenditures may differ from certain financial reports submitted on either a cash or modified accrual basis of accounting. Because this schedule represents only a select portion of the operations of the Organization, it is not intended to and does not present the financial position, changes to its net assets, or cash flows of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.