Notes to SEFA
Accounting Policies: Expenditures reported in the SEFSA are presented on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Organization was approved to use a 15.10% provisional indirect cost rate by the U.S. Department of Health and Human Services.