Notes to SEFA
The accompanying schedule of expenditure of federal awards (SEFA) for SGA is presented on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.
The accompanying schedule of expenditures of federal awards presents the activity of all of SGA’s federal financial assistance programs. The information in this 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.
SGA does not use the 10% de minimis indirect cost rate.