Notes to SEFA
Accounting Policies: Expenditures reported on the schedules of federal expenditures are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Alliance allocates certain indirect expenses to its programs based on management estimates and the determination of the percentage of effort expended by employees and other statistical factors. In this manner, the Alliance has elected not to use the 10 percent de minimis indirect cost rate, which is allowed in accordance with the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Alliance allocates certain indirect expenses to its program based on management estimates and the determination of the percentages of effort expended by employees and other statistical factors. In this manner, the alliance has elected not to use the 10 percent de minimis indirect cost rate, which is allowed in accordance with the Uniform Guidance.