Audit 340890

FY End
2024-09-30
Total Expended
$60.38M
Findings
0
Programs
15
Organization: The Asia Foundation (CA)
Year: 2024 Accepted: 2025-02-02
Auditor: Clark Nuber P S

Organization Exclusion Status:

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Contacts

Name Title Type
UN8AK4MQK3F1 Ken Krug Auditee
4157433324 Troy Rector Auditor
No contacts on file

Notes to SEFA

Title: Note 1 - Basis of Presentation Accounting Policies: The accompanying schedule of direct and indirect costs and computation of indirect cost rate is prepared by the Foundation using guidelines presented in Title 2 U.S. Code of Federal Regulations Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Subpart E, 2 CFR 200, Section 200.414. De Minimis Rate Used: N Rate Explanation: Total adjusted direct and indirect costs are net of certain exclusions, including the value of donated books shipped to Asia, unburdenable expenses and certain other unallocable costs. The accompanying schedule of direct and indirect costs and computation of indirect cost rate is prepared by the Foundation using guidelines presented in Title 2 U.S. Code of Federal Regulations Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Subpart E, 2 CFR 200, Section 200.414.
Title: Note 2 - Basis of Accounting Accounting Policies: The accompanying schedule of direct and indirect costs and computation of indirect cost rate is prepared by the Foundation using guidelines presented in Title 2 U.S. Code of Federal Regulations Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Subpart E, 2 CFR 200, Section 200.414. De Minimis Rate Used: N Rate Explanation: Total adjusted direct and indirect costs are net of certain exclusions, including the value of donated books shipped to Asia, unburdenable expenses and certain other unallocable costs. The accompanying schedule of direct and indirect costs and computation of indirect cost rate is prepared using the accrual basis of accounting.
Title: Note 3 - Total Adjusted Direct and Indirect Costs Accounting Policies: The accompanying schedule of direct and indirect costs and computation of indirect cost rate is prepared by the Foundation using guidelines presented in Title 2 U.S. Code of Federal Regulations Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Subpart E, 2 CFR 200, Section 200.414. De Minimis Rate Used: N Rate Explanation: Total adjusted direct and indirect costs are net of certain exclusions, including the value of donated books shipped to Asia, unburdenable expenses and certain other unallocable costs. Total adjusted direct and indirect costs are net of certain exclusions, including the value of donated books shipped to Asia, unburdenable expenses and certain other unallocable costs.