Notes to SEFA
Title: Note 1: BASIS OF PRESENTATION
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
Title: Note 2: INDIRECT COST RATE
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
Southeast Kansas Area Agency on Aging, Inc. did not elect to use the 10% de minimis cost rate.
Title: NOTE 3
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
CFDA 93.053 includes NSIP cash and noncash assistance of food commodities.