Audit 448

FY End
2022-12-31
Total Expended
$3.67M
Findings
0
Programs
1
Year: 2022 Accepted: 2023-10-03

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $3.67M Yes 0

Contacts

Name Title Type
DDZCEV5EGC99 John Yoo Auditee
7033235690 Dan Sandstrom Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. The above schedule of expenditures of federal awards is for the
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. federal financial assistance received by Virginia University of
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Integrative Medicine. The information in this schedule is
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. presented in accordance with the requirements of Title 2 U.S.
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Code of Federal Regulations Part 200, Uniform Administrative
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Requirements, Cost Principles, and Audit Requirements for
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Federal Awards (Uniform Guidance). This schedule only presents
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. a selected portion of the University’s operations and, as such,
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. does not present the financial position, changes in net assets or
Title: BASIS OF PRESENTATION Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. cash flows of the University.
Title: . Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. .
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Expenditures are reported on the accrual basis of accounting,
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. consistent with the basis of accounting used to prepare the
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. University’s audited financial statements. Such expenditures
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. are recognized following the cost principles contained in the
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Uniform Guidance wherein certain types of expenditures are not
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. allowable or are limited as to reimbursement. The University does
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. not use the predetermined indirect rate of 10 percent.
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. .
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. The Uniform Guidance requires that when loans are made to
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. students but the institution of higher education does not make
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. the loans, the value of the loans made during the year is
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. considered federal awards expended for which the balance of
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. loans for the previous audit period is not included as federal
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. awards expended because the lender (U.S. Department of
Title: SUMMARY OF SIGNIFICANT ACCOUNTING Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. Education) accounts for these prior balances.
Title: POLICIES Accounting Policies: See attached. De Minimis Rate Used: N Rate Explanation: See attached. .