Notes to SEFA
Expenditures reported on the Schedule are reported on the accrual bases 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.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Mosaic Health, Inc. and Subsidiaries (collectively, the Organization) under programs of the federal government for the year ended December 31, 2024 and has been prepared in accordance with accounting principles generally accepted in the United States of America. 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). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to, and does not, present the financial position, change in net assets, or cash flows of the Organization.