Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Eastern Shore Area Agency on Aging/Community Action Agency under programs of the federal government for the year ended September 30, 2024 and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. The Department of Health and Human Services has been designated as the cognizant agency for the Uniform Guidance audit. Single audit testing procedures were performed for program transactions occurring during the fiscal year ended September 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The auditee uses the cost rate approved by the cognizant agency.