Notes to SEFA
Accounting Policies: BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Louisiana Alliance of Childrens Advocacy Centers under programs of the federal government for the year ended December 31, 2022. The information in the 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 Louisiana Alliance of Childrens Advocacy Centers, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Louisiana Alliance of Childrens Advocacy Centers.Accrued and Deferred ReimbursementVarious reimbursement procedures are used for federal awards received by Louisiana Alliance of Childrens Advocacy Centers. Consequently, timing differences between expenditures and program reimbursements can exist at the beginning and end of the year. Accrued balances at year end represent an excess of reimbursable expenditures over cash reimbursements and expenditures will be reversed in the remaining grant period.Pass-Through Entity InformationPass-through entity identifying numbers are presented where available.Payments to SubrecipientsPayments to subrecipients are disclosed on the schedule of expenditures of federal awards for the year ended December 31, 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.