Notes to SEFA
Accounting Policies: The accompanying consolidated schedule of expenditures of federal awards includes the federal grant activity of The Affiliated Santé Group and Affiliates and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the basic consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: The Affiliated Companies have elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.