Notes to SEFA
Title: NOTE A - GENERAL
Accounting Policies: NOTE A - GENERAL, The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal programs of Center for Workforce Inclusion, Inc. (CWI). NOTE B - BASIS OF ACCOUNTING, The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basisi of accounting and the cost accounting principles contained in the U.S. Office of Management and Budget (OMB) Uniform Guidance, Subpart E - Cost Principles. Under those cost principles, certain types of expenses are not allowable or are limited as to reimbursement. CWI did not use the 10% allocation of indirect costs
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minus cost rate.
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal programs of Center for Workforce Inclusion, Inc. (CWI).
Title: NOTE B - BASIS OF ACCOUNTING
Accounting Policies: NOTE A - GENERAL, The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal programs of Center for Workforce Inclusion, Inc. (CWI). NOTE B - BASIS OF ACCOUNTING, The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basisi of accounting and the cost accounting principles contained in the U.S. Office of Management and Budget (OMB) Uniform Guidance, Subpart E - Cost Principles. Under those cost principles, certain types of expenses are not allowable or are limited as to reimbursement. CWI did not use the 10% allocation of indirect costs
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minus cost rate.
The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting and the cost accounting principles contained in the U.S. Office of Management and Budget (OMB) Uniform Guidance, Subpart E - Cost Principles. Under those cost principles, certain types of expenses are not allowable or are limited as to reimbursement. CWI did not use the 10% allocation of indirect costs.