Audit 360122

Title: BASIS OF PRESENTATION Accounting Policies: See reporting package. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Prosecuting Attorneys Association of Michigan and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Management has reported the expenditures equal to those amounts reported in the cost reports that have been submitted as of September 30, 2024. Therefore, due to accruals for salaries and vacation pay, and expenses funded by other revenue sources such as state funding and program revenues, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the financial statements.