Audit 34864

Accounting Policies: GENERAL INFORMATION The accompanying schedule of expenditures of federal awards presents the activities in all the federal award programs of Center for Advocacy for the Rights and Interests of the Elderly (CARIE) for the year ended June 30, 2022. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies or nonprofit organizations are included in the schedule. 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). During the year ended June 30, 2022, CARIE did not pass-through federal funding to subrecipients. BASIS OF ACCOUNTING The accompanying schedule is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.