Audit 342692

Title: General Accounting Policies: A summary of significant accounting policies consistently applied by management in the preparation of the accompanying schedule follows: Basis of Presentation - The accompanying schedule of expenditures of federal awards (schedule) includes the federal grant activity of the Organization and is presented on the accrual basis of accounting. 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 the Organization, it is not intended to and does not present the financial position, changes in financial position or cash flows of the Organization. For the HHS awards related to the Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution program, HHS has indicated that the amounts on the schedule should be reported corresponding to reporting requirements of the Health Resources and Services Administration (HRSA) PRF Reporting Portal. Payments from HHS are assigned to “Payment Periods Received” (each, a period) based upon the date each payment was received. Each period has a specified period of availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each period’s deadline to use the funds. The schedule includes $892,118 received from HHS between April 10, 2020 and June 30, 2020. In accordance with guidance from HHS, these amounts are presented as period 1. Such amounts were recognized as revenue and expense in the Organization’s financial statements as shown in the schedule in the year ended June 30, 2021. Estimates - The preparation of the schedule in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amount in the schedule during the reporting period. Actual results could differ from those estimates. Subsequent Events - The schedule and related disclosures include evaluation of events through January 22, 2025, which is the date the schedule was available to be issued. De Minimis Rate Used: N Rate Explanation: The organization has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. Mountain View Cancer Associates (the Organization) is a professional anesthesiology organization. Federal funds were received in awards from the U.S. Department of Health and Human Services (HHS) through federal programs established by legislation issued in response to the COVID-19 pandemic.

Title: Subrecipients Accounting Policies: A summary of significant accounting policies consistently applied by management in the preparation of the accompanying schedule follows: Basis of Presentation - The accompanying schedule of expenditures of federal awards (schedule) includes the federal grant activity of the Organization and is presented on the accrual basis of accounting. 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 the Organization, it is not intended to and does not present the financial position, changes in financial position or cash flows of the Organization. For the HHS awards related to the Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution program, HHS has indicated that the amounts on the schedule should be reported corresponding to reporting requirements of the Health Resources and Services Administration (HRSA) PRF Reporting Portal. Payments from HHS are assigned to “Payment Periods Received” (each, a period) based upon the date each payment was received. Each period has a specified period of availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each period’s deadline to use the funds. The schedule includes $892,118 received from HHS between April 10, 2020 and June 30, 2020. In accordance with guidance from HHS, these amounts are presented as period 1. Such amounts were recognized as revenue and expense in the Organization’s financial statements as shown in the schedule in the year ended June 30, 2021. Estimates - The preparation of the schedule in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amount in the schedule during the reporting period. Actual results could differ from those estimates. Subsequent Events - The schedule and related disclosures include evaluation of events through January 22, 2025, which is the date the schedule was available to be issued. De Minimis Rate Used: N Rate Explanation: The organization has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. The Organization has not passed through any fedearl awards to subrecipients.