Notes to SEFA
Accounting Policies: Note 1 OrganizationProgram for Appropriate Technology in Health (PATH) is an organization registered under the NonGovernmental Organization Coordination Act, 1990 in Kenya.Note 2 Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the USAID ForeignAssistance for Programs Overseas program of PATH for the year ended December 31, 2022. The information inthis Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (UniformGuidance). Because the Schedule presents only a selected portion of the operations of PATH Kenya, it is not intended to and does not present the financial position, changes in net assets or cash flows of the PATH Kenya. Note 3 - Summary of Significant Accounting PoliciesExpenditures - Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.Pass-through Awards - Pass-through entity identifying numbers are presented where available.Indirect Cost Rates - The Organization has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.Use of Estimates - The preparation of the Schedule in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Schedule and accompanying notes. Actual results could differ from those estimates.Subsequent Events PATH Kenya has evaluated subsequent events through May 24, 2023, the date on which the Schedule was available to be issued. The Organization is not aware of any material subsequent events.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.