Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
The accommpanying schedule of expenditures of federal awards includes the federal grant activity of Southwest Louisiana Aids Council and is presented on the accrual basis of accounting.
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
The information on this schedule is presented in accordance with the requirements`
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
of Title 2 of U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
for Federal Awards (Uniform Guidance). Certain costs have been allocated to the federal program in accordance with OMB Circular A-122,
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
Cost Principles of Non-Profit Organizations.
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
The amounts presented in this schedule do not differ from the amounts presented in the preparation of the financial statements.
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization has elected not to use the 10 per cent de minis cost rate.
Southwest Louisiana Aids Council has elected not to use the 10 percent de minimis cost rate as allowed under Uniform Guidance.