Notes to SEFA
Title: Basis of Presentation
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pee Dee Coalition Against Domestic and Sexual Assault has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: Pee Dee Coalition Against Domestic and Sexual Assault has elected to use the 10 percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity
of Pee Dee Coalition Against Domestic and Sexual Assault under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented 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). Because the Schedule presents only a selected
portion of the operations of Pee Dee Coalition Against Domestic and Sexual Assault, it is not intended to and
does not present the financial position, changes in net assets, or cash flows of Pee Dee Coalition Against
Domestic and Sexual Assault.
Title: Summary of Significant Accounting Policies
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pee Dee Coalition Against Domestic and Sexual Assault has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: Pee Dee Coalition Against Domestic and Sexual Assault has elected to use the 10 percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
(1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pee Dee Coalition Against Domestic and Sexual Assault has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.