Notes to SEFA
Title: Note 1—Basis of presentation
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein some types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Appalachian Regional Healthcare, Inc. has elected to delay adopting the procurement requirements specified in the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: Appalachian Regional Healthcare, Inc. uses the 10% de minimis indirect rate allowed in the Uniform Guidance, Section 414.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Appalachian Regional Healthcare, Inc. and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (“CFR”) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Award (“Uniform Guidance”). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic consolidated financial statements.