Audit 362237

Title: Note 1. Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Organizations have elected not to use the de minimis indirect cost rate as allowed under the Uniform Guidance for all awards that do not explicitly state that indirect costs are not allowed. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of the Entomological Society of America under programs of the Federal Government for the year ended December 31, 2024. Information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The Schedule presents only a selected portion of the operations of the Entomological Society of America; accordingly, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Entomological Society of America.

Title: Note 2. Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Organizations have elected not to use the de minimis indirect cost rate as allowed under the Uniform Guidance for all awards that do not explicitly state that indirect costs are not allowed. Expenditures reported on the Schedule are reported on the 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Organizations have elected not to use the de minimis indirect cost rate as allowed under the Uniform Guidance for all awards that do not explicitly state that indirect costs are not allowed.