Audit 37082

Accounting Policies: NOTE 1 - BASIS OF PRESENTATIONThe Schedule of Expenditures of Federal Awards includes the federal grant activity of North Central Counties Consortium and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within North Central Counties Consortiums financial statements.NOTE 2 - PASS-THROUGH ENTITIES IDENTIFYING NUMBERWhen federal awards were received from a pass-through entity, the Schedule of Expenditures of Federal Awards shows, if available, the identifying number assigned by the pass-through entity. When no identifying number is shown, North Central Counties Consortium determined that no identifying number is assigned for the program or North Central Counties Consortium was unable to obtain an identifying number from the pass-through entity.NOTE 3 - FEDERAL ASSISTANCE LISTING NUMBERSThe Federal assistance listing number included in the accompanying Schedule of Expenditures of Federal Awards was determined based on the program name, review of the award contract, and the Office of Management and Budgets Federal assistance listing numbers. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.